Source – “…Varoufakis calls our current economic scheme “postcapitalism” and “techno-feudalism.” As in the medieval feudal model, assets are owned by the few. He notes that the stock market and the businesses in it are essentially owned by three companies – the giant exchange-traded funds BlackRock, Vanguard, and State Street. Under the highly controversial […]

VOODOO ECONOMICS: How America Went From Mom-and-Pop Capitalism to Techno-Feudalism — RIELPOLITIK