Civics: “similarities between historical feudalism and today’s neo-feudalism”

Joel Kotkin:

What historical feudalism has in common with today’s neo-feudalism:

• concentration of nearly all wealth in very few hands

• very small and harried middle class (some skilled craftsmen, etc.) with very limited rights

• the vast majority of people were serfs who “owned nothing and will be [un]happy” 

• religious fundamentalism: Church then — environmentalist, gender,… now

• demographics: no growth then because of high child mortality, now because of low fertility rates

• the clerisy and the feudal oligarchs had different agendas and their fights in the Middle Ages just like now, but join hands to keep everybody else in their place