Feudalism is often considered an outdated and antiquated system of rule, which is based on the possession of land or other privileges like birthright. However, feudalism still exists in many countries around the globe, and it is responsible for a higher level of poverty among lower-income people in these states. Nowadays the system might be more complex than in the European Middle Ages, but in general the consequences remain the same.

It is difficult to describe exactly what feudalism is today because there are many different types of this system, but there are some rather general parameters. In a feudal state, there are usually ruling institutions that claim to be the only lawful representation of state power no matter how the people who comprise these institutions ...

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