Capitalism Has Mutated Into Something Worse with Yanis Varoufakis

Capitalism has changed. A century ago, capitalists amassed untold wealth by building and manufacturing goods, but today, our economy appears to be dominated by massive tech corporations that don't actually produce anything at all. Instead, these tech giants offer platforms—such as search engines, AI, or marketplaces—through which they extract profits from users. Adam speaks with Yanis Varoufakis, former finance minister of Greece, about his book Technofeudalism: What Killed Capitalism, exploring how this new form of capitalism jeopardizes our livelihoods and what measures we can take to safeguard our future from big tech. Find Yanis's book at at factuallypod.com/books SUPPORT THE SHOW ON PATREON: https://www.patreon.com/adamconover SEE ADAM ON TOUR: https://www.adamconover.net/tourdates/ SUBSCRIBE to and RATE Factually! on: » Apple Podcasts: https://podcasts.apple.com/us/podcast/factually-with-adam-conover/id1463460577 » Spotify: https://open.spotify.com/show/0fK8WJw4ffMc2NWydBlDyJ About Headgum: Headgum is an LA & NY-based podcast network creating premium podcasts with the funniest, most engaging voices in comedy to achieve one goal: Making our audience and ourselves laugh. Listen to our shows at https://www.headgum.com. » SUBSCRIBE to Headgum: https://www.youtube.com/c/HeadGum?sub_confirmation=1 » FOLLOW us on Twitter: http://twitter.com/headgum » FOLLOW us on Instagram: https://instagram.com/headgum/ » FOLLOW us on TikTok: https://www.tiktok.com/@headgum » Advertise on Factually! via Gumball.fm See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.