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by hackyhacky
20 days ago
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Feudalism is the end-state of capitalism, as I've already commented: it is the consequence of all capital (typically, arable land) ending in the hands of a select few (lords), who then derive income by renting it out (tenant farmer system). As a result, the lords themselves never contribute labor and exist only as parasites on a system dependent on laborers who have no opportunity to acquire capital. |
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