Saturday, July 30, 2011

"new feudalism"

Neo feudalism literally means "new feudalism" and implies a contemporary rebirth of policies of governance and economy reminiscent of those present in many pre-industrial feudal societies. The concept is one in which government policies are instituted with the effect (deliberate or otherwise) of systematically increasing the wealth gap between the rich and the poor while increasing the power of the rich and decreasing the power of the poor . This effect is considered to be similar to the effects of traditional feudalism.  http://en.wikipedia.org/wiki/Neofeudalism

No comments:

Post a Comment