TECHNOFEUDALISM

THE END OF CAPITALISM? VAROUFAKIS’ THESIS

Authors

  • Cesar Sanson UFRN
  • Daviton Gurgel Guerra Fernandes

Keywords:

work, Capitalism, Tecnofeudalismo

Abstract

Yanis Varoufakis in his book "Technofeudalism: what killed capitalism", published in 2023, argues that capitalism is dying. This proposition is based on the characteristics of the ongoing metamorphosis in capitalism, among which the main one is the emergence of cloud capital. According to the author, cloud capital is constituted in the new fiefdoms, since they demand from those who wish to use their "cloud" a part of their gains, just as the suzerain in feudalism demanded part of the production of its vassals.  The rise of technofeudalism announces the downfall of capitalism, since it is a parasitic class that no longer moves by the classical concept of the political economy of profit, but only by income.

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Author Biographies

Cesar Sanson, UFRN

Doctor of Sociology by the Federal University of Paraná (UFPR) and Professor of the Department of Social Sciences (DCS/UFRN) and the Postgraduate Program in Social Sciences (PPGCS/UFRN). Email: cesarsanson@gmail.com

Daviton Gurgel Guerra Fernandes

Bachelor of Social Sciences and in Law, both from the Federal University of Rio Grande do Norte (UFRN) and Master’s degree in the Postgraduate Program in Social Sciences at UFRN (PPGCS/UFRN). Email: daviton.gurgel@ufrn.br

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Published

13-04-2026

How to Cite

SANSON, Cesar; GURGEL GUERRA FERNANDES, Daviton. TECHNOFEUDALISM: THE END OF CAPITALISM? VAROUFAKIS’ THESIS. Revista Cronos, [S. l.], v. 27, n. 1, p. 193, 2026. Disponível em: https://periodicos.ufrn.br/cronos/article/view/40547. Acesso em: 17 apr. 2026.

Issue

Vol. 27 No. 1 (2026): LAWFARE AND ANTI-CORRUPTION

Section

Resenha

License

Copyright (c) 2026 Revista Cronos

Creative Commons License

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