neofeudalism

alternative neo-feudalism

1. uncountablegovernmentThe contemporary rebirth of policies of governance, economy and public life reminiscent of those present in many feudal societies.

   Near-synonym: technofeudalism

   3 more examples

   The founding fathers of the American Republic understood this point perfectly well when they built a system of checks and balances into the American Constitution in an attempt to confine neofeudalism to the Old World.

   2001, Ken Binmore, “8: The Breakdown of Social Contracts”, in Steven N. Durlauf, H. Peyton Young, editors, Social Dynamics, page 230

   Neofeudalism is rhetorically pitted against a purer, romanticized form of capitalism characterized by small and medium-sized enterprise operating in a “free,” but disciplining market. Neofeudalism is also used by activists critical of capitalism itself.

   2013, Majia Holmer Nadesan, “Chapter 3: Neofeudalism and the Financial Crisis: Implications for Occupy Wall Street”, in Renee Guarriello Heath, Courtney Vail Fletcher, Ricardo Munoz, editors, Understanding Occupy: from Wall Street to Portland, page 39

   Neoliberalism therefore is the default position of capitalism to which it reverts unless restrained by popular struggles against its institutionalized rule in political systems such as neofeudalism, managed democracy and inverted totalitarianism.

   2013, Tatah Mentan, Democracy for Breakfast? Unveiling Mirage Democracy in Contemporary Africa, page viii

   Synonyms: technofeudalism, new feudalism