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How Silicon Valley Unleashed Techno-feudalism

The Making of the Digital Economy

Translated by David Broder
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5-1/12"W x 7-4/5"H | 13 oz | 24 per carton
On sale Oct 21, 2025 | 256 Pages | 9781804294390

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The promise of the 'new economy' gone, we have regressed into the age of techno-feudalism

The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn’t deliver. Today, algorithms are everywhere, but digital monopolies push us towards the feudal logic of rent, dispossession, and personal domination. How Silicon Valley Unleashed Techno-feudalism tears apart the Silicon Valley consensus to reveal the new economic order, in which capital has abandoned production to focus on predation.
Cédric Durand is Professor of Political Economy at the University of Geneva and a member of the Centre d'économie Paris Nord. He is the author of Fictitious Capital. How Finance Appropriates Our Future. He is a regular contributor to the online journal Contretemps and to Sidecar, the blog of the New Left Review.
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Preface to the English-Language Edition

Introduction

1. The Poverty of the Californian Ideology
2. On Digital Domination
3. The Rentier Class of the Intangible World
4. The ‘Techno-Feudal’ Hypothesis

Conclusion: Fortunes and Misfortunes of Socialisation

Appendix I
Appendix II
Acknowledgements
Index

About

The promise of the 'new economy' gone, we have regressed into the age of techno-feudalism

The rise of the IT industry in the nineties promised a new era of freedom and prosperity. It didn’t deliver. Today, algorithms are everywhere, but digital monopolies push us towards the feudal logic of rent, dispossession, and personal domination. How Silicon Valley Unleashed Techno-feudalism tears apart the Silicon Valley consensus to reveal the new economic order, in which capital has abandoned production to focus on predation.

Creators

Cédric Durand is Professor of Political Economy at the University of Geneva and a member of the Centre d'économie Paris Nord. He is the author of Fictitious Capital. How Finance Appropriates Our Future. He is a regular contributor to the online journal Contretemps and to Sidecar, the blog of the New Left Review.

Table of Contents

Preface to the English-Language Edition

Introduction

1. The Poverty of the Californian Ideology
2. On Digital Domination
3. The Rentier Class of the Intangible World
4. The ‘Techno-Feudal’ Hypothesis

Conclusion: Fortunes and Misfortunes of Socialisation

Appendix I
Appendix II
Acknowledgements
Index
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