Feudalism is exactly what we don’t have. Forget the proletarian workers, managers and skilled workers don’t have lifetime employment in exchange for loyalty. Companies have no loyalty to employees, employees have no loyalty to companies. For a company to act as if it were a government there would have to be semi-permanent association with the company. But that’s not the case today, the workforce is turning over at faster and faster rates.
Companies are becoming less and less vertically integrated. So there’s no way to start at the mailroom and work your way up, because the guys at the mailroom–or the modern day equivalent–probably don’t even work for the company. You can’t get a job with Microsoft as a janitor or landscaper, those guys are employees of companies that provide janitorial or landscaping services to Microsoft.
Now, to speculate about the future. I find the notion of a small class of hyper-rich people who own everything who live in fortresses while the unemployable masses outside starve doesn’t make much sense. What exactly makes a person rich? In the feudal era land ownership was the main source of wealth. Aristocrats made money by skimming off the surplus production of their lands–wool, wood, wheat, olives, wine, whatever. Yes you could make money as a merchant or artisan, but the problem was that since the aristocrats were firmly in charge you were at the mercy of whatever decisions the aristocrats made.
Now fast forward to the early modern age, when industry and finance and trade became more and more important. Now you could get rich producing vast quantities of goods for sale in the marketplace, trading goods from one side of the globe to another, and by controlling the banking system.
However, what’s happening now? It’s easier and easier to manufacture goods and transport them. There’s a flood of cheap stuff that comes out of China, but it’s not just cheap labor it’s all sorts of improvements in manufacturing and automation. And the end result are factories that churn out goods with very few human workers. And it’s not just factory jobs, whole classes of white collar jobs are evaporating. 40 years ago every office had a battalion of secretaries to type memos, answer phones, file papers, and so on. Even low level managers had secretaries. Nowadays only very senior people have “assistants”, everyone else is expected to type their own emails, keep track of their own phone messages, manage their own schedule, and on and on.
So in the future world of the future, what will make someone “rich”? Owning a factory? How can owning a mostly automated factory that can produce a flood of goods of any type make you rich, when such factories are everywhere? Even today the guys who own the factories in China that produce the mountains of manufactured goods we use every day only get a small fraction of the profits from those goods, they make goods under license. This trend is only going to accelerate. Ownership of automated systems that produce goods and services aren’t going to be the basis of wealth in the future, unless the future overlords deliberately smash factories they don’t control. As more and more products and services become commodities the profits from providing those products evaporates. When the marginal cost of churning out another TV set or another t-shirt out of your factory is almost zero, and the capital costs of building that automated factory gets lower and lower, competition drives profits out of the industry.
As well, how can you make money manufacturing cheap crap for the masses when the masses no longer have jobs, and can’t find meaningful work? It’s not just blue collar workers who are going to be out of a job, all sorts of white collar work that we consider today to be skilled is just going to evaporate in the face of automated systems.
So in this neo-feudal dystopian future, what’s the source of wealth and power for the elites? There’s a gated community, inside are the wealthy who don’t need factory workers or customers, only a few trusted human servants for swank. All their needs are provided by nearly automated systems. And outside are the unemployed and unemployable masses. And the reason the masses can’t have their needs provided for by those exact same automated systems is…?
For this system to exist, we’d have to have the elite deliberately keeping the masses poor and starving, any time the poors manage to set up their own automated factories or farms or expert systems, the elites send in their robot strike force and smash it, because without the poor the rich can’t be rich. They need to see the masses starving in misery or they won’t be able to enjoy the goods and services their automated factories provide for them. In the olden days the aristocrats needed the serfs to work the lands, the industrialists needed the proletarians to work the factories, the capitalists needed the consumers to buy their products. What do these new elites need the masses for now?
But the thing is, this sort of automated production of goods and services can’t be effectively controlled or monopolized. It’s one thing to declare that you own the air, it’s another thing to force everyone to pay an air tax, or confiscate the air from the air thieves who breathe your air without paying the fee. Owning the air seems like it would make you the richest person in the world, except it couldn’t possibly work that way. You’d have to have a totalitarian system of enforcement, and if you have that you’re the most powerful because you control the totalitarian system, not because you own the air.