Neo-feudalism

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U.S. democracy exists in a highly precarious state. The reasons for this are complex, but necessary to understand, because America is heading toward a state of neo-feudalism.

First, there is the massive and increasing inequality in capacity for meaningful violence. What good are long arms against directed energy weapons, weather control, and nuclear bombs? Capacity for force is increasingly centralized by the federal government.

Money, too, is increasingly centralized. The income tax and the Federal Reserve ensure that wealth is gathered in fewer and fewer hands. The well-connected rent seeker, rather than the true financial pioneer, often reaps the lion’s share of rewards.

Read more Neo-feudalism here: https://spreadgreatideas.org/glossary/neo-feudalism/

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