Apr 25, 2024

Technocapitalism: Bitcoin, Mars, and Dystopia w/Loretta Napoleoni

 

We are living through an incipient technological revolution. AI, blockchain, cryptocurrencies, commercial space travel, and other innovations are rapidly transforming everything from the workplace to the financial architecture of the global economy. While many of these technologies hold vast potential to benefit the social good, the multinational corporations and financial oligarchy that drive innovation and own its products are solely motivated by private profit. The consequences are unfolding all around us. As technology and the power of the oligarchy advances, the misery and disenfranchisement of the majority grows. We are now in an age of "Space Barons and Techtitans", and the future they are leading us to is one of even greater exploitation, inequality, and ecological crisis. Loretta Napoleoni, author of Technocapitalism: The Rise of the New Robber Barrons and the Fight for the Common Good, joins The Chris Hedges Report to discuss the technocapitalist present and future described in her book.

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