Backlight
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Backlight

Tegenlicht in Dutch or Backlight in English is a series of television documentaries by the VPRO, a Dutch public broadcasting organisation. Backlight "aims to grasp the quintessence of prominent trends and developments" in the practice of critical journalism, and tries to improve understanding of the intricate inner workings of our modern society.

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8. The murder of capitalism

0.0Dec 1, 2025 · 19 min

Capitalism has not only been broken, but also replaced by something much worse, according to economist and former finance minister in Greece, Yanis Varoufakis. He has been studying the developments of the market for years and argues that capitalism is on its last legs and has been overtaken by something new. In his book Technofeudalism: What capitalism killed, he calls the new system technofeodalism. A traditional capitalist gave 85 percent of the profits to the employees. At a company like Meta, employees only get one percent.