Techno-feudalism and neo-feudalism: A look at contemporary capitalist developments Hyman Amani - Have the technology giants become the new masters of the world? The theory of technofeudalism says that digital societies have created new relations of dependence and control by controlling data, markets and infrastructure. But has capitalism really given way to another system? In examining techno-feudalism and neo-feudalism, this article argues that the main issue is ownership of technology and democratic control of economic power. Zamane Radio.