capitalism replaced land with capital (money, factories, etc) as the primary source of production and wealth; *cloud capital* is now replacing that physical capital.
cloud capital is the hardware and software owned by digital platforms and tech monopolies.
- Capitalism replaced land with capital for production; cloud capital is replacing physical capital.
- Cloud Capital is the hardware and software owned by digital platforms and tech monopolies.
- Cloud Capital adds a third nature to the [[duality of capitalism]]: “a produced means of behavioral modification and individuated command” ([[Varoufakis, Yanis - 2023 - Technofeudalism|235]]).
- It’s unique in its ability to [[cloud capital can reproduce itself in ways that involve no waged labor|reproduce itself without the need for waged labor]].
- [[cloud proles]]
- [[cloud serfs]]
- [[cloud fiefs]]
- [[vassal capitalists]]
- [[cloudalists are not selling us a commodity for profit]]
- [[cloudalists do not invest in the creation of new commodities]]