this post was submitted on 07 Feb 2026
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I mean, it's very arguable that we've just been doing "feudalism with extra steps" for a very long time anyway.
To be less US/Europe-centric than my original post, the majority of the world has been in the "priced out of anything but bare subsistence" basket for most of the history of modern capitalism. Only the citizens of the Imperial Democracies of the Western world were benefiting while the majority of the Southern and Eastern hemispheres were simply locked out from being beneficiaries either through trade embargoes or outright exploitation via not paying foreign workers the home-country equivalent, and instead paying them a much lower "localized" rate.
It's really that the Imperial Boomerang has finally made it's way home to the citizens of the West.