One-person-one-share corporate law would shatter technofeudalism’s foundations

Evidence

The impact of legislating such a corporate governance system would be the equivalent of a large comet crashing into technofeudalism’s bedrock. On the most superficial level, it would liberate employees from the tyranny of self-serving managers, but on a structural level it would do so much more. — Yanis Varoufakis, Technofeudalism, 712

Categorization

  • corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 712
  • XREF: connects to: Technofeudalism displaces capitalism by substituting cloud capital for terrestrial capital. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 849

Broader Connections