What is another word for neofeudalism?
Pronunciation: [nˈiːə͡ʊfjˌuːdəlˌɪzəm] (IPA) 
Neofeudalism refers to a social system that has been compared to the medieval feudalism, where a powerful ruling class controls wealth and resources while the rest of the population remains impoverished. Synonyms for neofeudalism include new feudalism, modern-day serfdom, corporate feudalism, modern feudalism, and digital feudalism. These terms all describe a system where a small elite controls a disproportionate amount of power and wealth, and the majority of the population is subjected to their control. The concept of neofeudalism has grown in popularity as the wealth gap continues to widen, and corporate power becomes increasingly consolidated.
