Cory Doctorow on Nostr: Well, that's certainly Varoufakis's argument, that: * feudalism was displaced by ...

Well, that's certainly Varoufakis's argument, that:

* feudalism was displaced by capitalism when entrepreneurs triumphed over rentiers;

* that Marxists predicted that capitalism would be a transitional stage between feudalism and socialism;

* but actually, capitalism was a transitional stage between feudalism...and feudalism.