General Discussion
In reply to the discussion: For the overly wealthy, it's not just about having more -- it's about making you have less. [View all]Farmer-Rick
(10,072 posts)But true unadulterated feudalism has largely disappeared. We haven't heard of people not being allowed to leave the farms or villages or occupations they were born into without the permission of the Lord. Lack of liberty for the serfs was a common feature of feudalism. The few kings and queens remaining are all using some form of capitalism in their economies. In fact they prefer it. It relieves them of responsibility to the serfs...not that kings or Lords were all that responsible to the poorest class of people. Religion kind of gave the powerful an out on responsibility as it does with the uber rich today.
This is what the oligarchs and kleptocrats are really afraid of. People wanting to do away with the economic system that makes them so rich and powerful. They are wedded to capitalism like a king to feudalism.
But you got to start somewhere and smaller countries are more socially flexible. So it's quite likely it starts with the little ones, or along the fringes, then it moves into the bigger, older, more calcified countries and regions. I suspect if the economic system of the US changes, I wont be alive to see it.
Sorry, I got off on a tangent. I think I will drop in on the economic forum.