"The Neo-Feudal Age"-Keith Woods looks at the idea of neo-feudalism, a state of extreme corporate oligarchy where workers are de-facto serfs with zero societal leverage.

submitted by Oingo from odysee.com

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[–]NeoRail 9 insightful - 1 fun9 insightful - 0 fun10 insightful - 1 fun -  (1 child)

I think the issue with this "neofeudalist" terminology is that historically feudalism includes the concept of "noblesse oblige", whereas today there is no such equivalent. Feudal economies are organic and mutually beneficial - all participants stand to gain from the prosperity of all. To today's oligarchs, it's all the same if their workforce is homeless, atomised and starving so long as their profits keep growing.

[–]VraiBleuScots Protestant, Ulster Loyalist 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

Hence ‘neo’ and not just ‘feudalism’. Also I think he’s using the popular idea of feudalism as a frame of reference rather than the real deal (if it ever did exist).

If I remember right he adresses this somewhere in the video.