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Disagree strongly. Modern work dynamics are vastly better than feudalism. You are focused on the hierarchical structure within (some) companies but the key feat
by highfrequency 2y ago
Disagree strongly. Modern work dynamics are vastly better than feudalism. You are focused on the hierarchical structure within (some) companies but the key feature of modern capitalism is the fierce competition between companies. There is now a highly competitive labor market; employees have extreme flexibility to move to a new employer at the drop of a hat or start a competing business if they believe that any other company would possibly treat them better.
It is the intense competition between companies (for the same customers, the same employees) that puts constant pressure on companies to develop better products, treat employees well and pay them well.
The main problem with feudalism was that nobles had family titles to the land, and serfs were effectively their property. Therefore competitive pressure to treat people well was entirely absent, and peasants were completely exploited. There is really no analogy to modern companies that compete with each other to shower perks on their employees.