this post was submitted on 06 Sep 2026
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Late Stage Capitalism

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[–] FlashMobOfOne@lemmy.world 16 points 2 weeks ago (1 children)

Basically we're all serfs.

And increasingly ill-treated ones.

[–] Cowbee@lemmy.ml 4 points 2 weeks ago (1 children)

Serfs were tied to the land, and produced what they actually, directly used, as well as traded their surplus for goods. The rise of capitalism came alongside expelling the serfs from the land, turning them into wage laborers.

[–] NotEasyBeingGreen@slrpnk.net 1 points 2 weeks ago (1 children)

The serfs could be expelled because while the serfs were not free to leave, it was the lords who actually owned the land.

The analogy is not prefect, but not terrible.

[–] Cowbee@lemmy.ml 3 points 2 weeks ago

The lords did own the land, but expelling the serfs could not be done simply by telling the serfs to leave. There was a large accumulation that was forced on the serfs. Feudalism was a fundamentally distinct class society from capitalism.