The New Feudalism

Best thing I’ve read all day. Writes Sam Smith for the Progressive Review:

We should start calling it what it is: corporate feudalism. A system in which our politics, education, recreation, music, food and non-profits have become profit nodes for big business and we are its vassals.

These corporations are stealing our communal property and make us their serfs living in a new Middle Ages.

Everybody always makes capitalism out to be this grand thing -- well, this is its perverse underbelly.

(via @prorev)