General Discussion
In reply to the discussion: Why American and Britain are Self-Destructing [View all]Farmer-Rick
(10,072 posts)When feudalism died, it was because the royals took everything. They thought if they take it all from those in weaker positions, they will then be able to gain even more by letting it out little by little charging outrageous fees or labor taxes. But what happens is that the serf and worker just give up when they have nothing.
First they try to steal it but then police and courts become more and more draconian. This is why the US has more people in jail then any other country in the world. Then they run away, go bankrupt and give up. They try protest too but with no real power, no one listens to them. Even Obama crushed the backs of occupy and no one really cared.
Now, after destroying the protests, the lords and corporations know they have a green light to crush us all.
Capitalism is now consolidating everything into a few filthy rich people's hands. That is was what feudalism did too. All wealth goes to the wealthy. Power goes to the already powerful. But taxes and payment and fees and laws and petty rules go onto the poor and powerless.
It will end but with what is not clear. This is the inevitable stagnation and destruction of capitalism that Marx described. Capitalism is an unfair, cruel and dysfunctional economic system and the patches FDR put on it have been removed. The end of this failed economic system like the end of USSR style communism is coming to the end. But what comes next is unknown.