Neo-Feudalism
Comments argue that modern capitalism, driven by technology and wealth concentration, is evolving into neo-feudalism, with tech elites as new lords and the masses as serfs.
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We're shifting towards a feudalistic society.
RIP democracies as we know them. Neo-feudalism is here. "You will own nothing. And be happy." Just like serfs in the middle ages.
It's not communism, it's a new form of feudalism.
Unchecked capitalism trys hard to turn into feudalism.
Does "Common ownership of means of production" ring any bell? :)
we're slowing turning into a feudal system, aren't we?
Sounds like we're heading to a new era of feudalism.
It's all part of Neofeudalism. We need to control the working class so they can't act like fully autonomous humans instead of our peons.
Don't worry we (the people in the political west) are quickly reverting back to the historical norm that was also in effect during the Victorian era. Few rich people, minimal middle class and lots of poor working class people.After all capitalism is the same as system as slavery or feudalism. Only the names of the roles are different but the dynamics in society in terms who owns capital and who own the means/result of production and who don't, are the same in every system. (Sma
Privatize profits socialize risks. This is not capitalism, this is just old-fashion feudalism with a new technological aristocracy on top.