Is Capitalism really Feudalism by stealth

[keithisco]

Credit to Evert Cilliers

Link to full article: LINK

This article deals with the premise that Capitalism has replaced feudalism whereby the "elite" maintain control over the rest of us. This is a self-evident truth (IMO), and whilst the article does at times become sily, its basic tenets are absolutely "spot - on".

What do you think?

There is a specter haunting the planet. It is the specter of the failure of Western capitalism.

All that is solid -- jobs, homes, retirement savings -- melts into air. Our c***-a-hoop capitalism is staring into a pesky abyss which is either Lacan's mirror or the funky Weltschmerz of its own rectum.

Yet far away in communist China, capitalism is alive and well -- maybe because China is not a democracy.

In Western democracies, capitalism is in crisis -- maybe because capitalism is not democratic.

The fact is that capitalism is a feudal system, which therefore works well in a feudal society like China.

But in modern, highly evolved democracies, capitalism is a handicap.

Why? Democracy has evolved, but capitalism hasn't. It's essentially unchanged from its 18th century origins. Capitalism is so feudal, it's almost medieval. It requires a subservience from its minions that hints at slavery, serfdom, or peonage. It grants its captains of industry the freedom to lord it over everyone else like banana-republic dictators or command-economy Kremlin bosses. It booms and busts with the fervor of a yo-yo being yanked by a person on steroids. Every so often it poops itself like a toddler sans toilet training, and sits there bawling in its own excreta until the state steps in to clean its unruly bottom