Send a Tweet
Most Popular Choices
Share on Facebook 4 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds    H2'ed 4/12/14

The New Feudalism and the Common Good

By       (Page 1 of 4 pages)     (# of views)   13 comments
Author 90637
Message Tom Mahon
Become a Fan
  (1 fan)
- Advertisement -

The recent revelation that 85 individuals have the combined net worth of 3.5 billion people confirms that we're now living in a new Feudal age.

 

Just as in the old Feudal system a millennium ago where power was based on ownership of real property (land), so in the New Feudalism power is based on ownership of Intellectual Property (IP).


(Image by M.I.C Gadget image from flickr, photo-edited by rob kall)   Details   DMCA
- Advertisement -

A case in point is Mark Zuckerberg's achieving a net worth of $80+ billion in less than a decade by getting people to expose themselves to a universe of marketers and surveillance agencies.

 

- Advertisement -

When Steve Jobs died, Apple had $100 billion in cash on hand but was using slave labor in China.

 

A co-founder of Google fuels his private jet at taxpayer expense.

 

And nothing speaks to the extravagance of the digital elite more than their desire to embed themselves into silicon systems in a   'Singularity,' hoping to achieve immortality by 2040.  

 

- Advertisement -

Tbe "Information Age" now seems largely controlled by those who know the price of everything, but see no value in what can't be monetized.

 

And so it goes" too few with too much, and too many with too little. "Things fall apart; the center cannot hold."

 

Next Page  1  |  2  |  3  |  4

 

- Advertisement -

Well Said 5   Must Read 3   Valuable 2  
Rate It | View Ratings

Tom Mahon Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram page url on login Profile not filled in

Tom Mahon has written about technology for 40 years as publicist, journalist, novelist, dramatist, and activist. Since the early 1990s, he has spoken and written widely on the need to reconnect technical capability with social responsibility. (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The New Feudalism and the Common Good

The coming Internet of Things (IoT)

Is It Time to Rethink the Digital Revolution?

Pursuing sanity in a digital tsunami: be calm; be kind