The Neofeudal-Neoliberal Arrangement: Since We Own What You Need, We Own YouNeofeudalism depends on the cultural supremacy of Neoliberalism, the belief that the social order is defined and created by markets. I’ve been discussing the essence of Neofeudalism this week: those with access to the low-interest unlimited credit spigot of the Federal Reserve become more equal than others-the perfect Orwellian description of a Neofeudal arrangement in which financial leverage buys not just rentier assets but political power and control.
via Washingtonsblog