Summary of Joel Kotkin's The Coming of Neo-Feudalism
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Get the Summary of Joel Kotkin's The Coming of Neo-Feudalism in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: Following a remarkable epoch of greater dispersion of wealth and opportunity, we are inexorably returning towards a more feudal era marked by greater concentration of wealth and property, reduced upward mobility, demographic stagnation, and increased dogmatism. If the last seventy years saw a massive expansion of the middle class, not only in America but in much of the developed world, today that class is declining and a new, more hierarchical society is emerging.
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Summary of Joel Kotkin's The Coming of Neo-Feudalism - IRB Media
Insights on Joel Kotkin's The Coming of NeoFeudalism
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 1
#1
The feudal model is making a comeback in America, and in many other countries around the world. This new feudalism is supported by a neo-liberal government.
#2
The middle class is being squeezed between the oligarchs and the clerisy, the former representing the global elite and the latter representing the liberal elite. They share many liberal values, but they are starting to become more conservative as they get older.
#3
While we can date the end of the Roman Empire to the fall of Constantinople in 1453, the process of cultural decay began hundreds of years prior to that. By the second millennium, Europe had fallen into a dark age with little technological progress and a rigid class system.
#4
Liberal capitalism has allowed hundreds of millions to escape from the servitude and cruelty that has characterized most of history. Life has gotten better for a great many people in the past century, not only in Europe and America but throughout the world.
#5
The liberal capitalist West has been losing its middle class for years now, and in many cases, its working class as well. The ultra-rich are an emerging