The defining shift to technofeudalism is rent defeating profit.

Evidence

At the end of the previous chapter, we considered two immediate outcomes: the ever-rising value of the PropComs of this world has allowed private equity to asset-strip whatever they can lay their hands on, while the Big Three have established a kind of collective monopoly power over entire sectors of industry. So what, in essence, has changed? What in the simplest possible terms distinguishes this world from the previous one, demanding that we discard the word capitalism and replace it with technofeudalism? As I touched on at the end of the last chapter, it is very simply this: the triumph of rent over profit. — Yanis Varoufakis, Technofeudalism, 458

Categorization

• DEFINE: States the book’s core technical thesis in its simplest form: rent triumphs over profit.
• XREF: The reader’s big-thesis anchor — this is the pivotal definitional claim the whole selection must serve. — connects to: Technofeudalism displaces capitalism by substituting cloud capital for terrestrial capital. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 849; Rent has replaced profit as the driving force of the economy. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 504; Mega-rentiers disguise their rents as profits, a practice akin to profit-washing. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 471 (+4 more)
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 458

Broader Connections

• Mega-rentiers disguise their rents as profits, a practice akin to profit-washing. #corroborates (0.85) — Yanis Varoufakis, Technofeudalism, 471
• The defining difference between rent and profit is vulnerability to market competition. #qualifies (0.80) — Yanis Varoufakis, Technofeudalism, 467
• Zero marginal costs force platforms to extract rent rather than earn profit #exemplifies (0.75) — Yanis Varoufakis, Technofeudalism, 999
• Ground rent drove feudalism just as profit drives capitalism #corroborates (0.75) — Yanis Varoufakis, Technofeudalism, 1026
• Tech culture’s self-image conceals a closed system of privilege centered on profit #complicates (0.70) — Alice E. Marwick, Status Update, 647