Marxist conference in London debates "technofeudalism" and the dollar's role
The Marxist academic conference Historical Materialism, held every November in London, brought together 370 roundtables and more than 1,600 registered participants this year, its highest figure ever, under the title "Planetary war landscapes ablaze". Among the debates, the panel "Technofeudalism: rents or profits?" discussed whether the big tech giants draw their revenue from monopoly rents or from profits. Another session addressed the dollar's resilience as a reserve currency despite Trump's policies.
In 40 seconds
- The Historical Materialism conference brought together 370 roundtables and more than 1,600 registered participants in London, its highest figure ever
- A roundtable questioned the technofeudalism thesis, which attributes the Magnificent Seven's revenue to rents from monopoly control of the cloud and intellectual property
- Speakers argued that free and open-source software helps sustain profitability in the tech sector
Read the full story at Viento Sur
IASummary generated by artificial intelligence from a story by Viento Sur. It may contain errors: the original source prevails.
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