[drewcoo]

> This sounds disanalogous to me

Varoufakis always misrepresents capitalism and feudalism. That's the only way his ideas can get their undeserved attention.

Peasants worked the land for their lords but also for themselves and their families. Peasant revolts were not unheard of but peasants were generally treated fairly enough to avoid revolts.

Rent-seeking does not magically transform capitalism into feudalism. Capitalism is built on the idea of "investing" capital and "profiting" from others. And in fact, there's the concept of rentier capitalism.