Are we living in a neofeudal society?

5 years ago

This article has got some really interesting assertions. 

https://www.zerohedge.com/news/2018-12-14/neofeudalism-isnt-flaw-its-system-working-perfectly?fbclid=IwAR0JS29b7k64HwOF8gJB6uDeQfK7oEgHKkQ7H_bc6YILP1m9bnP4upfBP48

This was particularly resonant:

"This marriage of state power to create credit and its monopoly on force with private-sector financial power is the core relation of neofeudalism. "

What do you think?