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we transitioned from capitalism to technofeudalism in 2008 and serfdom has only accelerated since
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this post was submitted on 04 Oct 2023
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Of course it's not "the definition" of feudalism. But, being paid for the use of something you own is a key aspect of feudalism.
Suuuure... I'm sure that's how the feudal lords framed it for their subjects. But, when push came to shove, if you didn't work the lord's fields he could have you whipped. If he failed to protect you from brigands you could... complain quietly to the other serfs? The lord would only need to fear aristocrats higher up the food chain than themselves.
No, it may be happening in an economy where capitalism is one of the main economic systems, but it definitely isn't capitalism.
Take away the company from this example. Is an individual a capitalist if they own land and receive rent from people using that land? How is that different from a feudal lord who owns land and demands rent?