Late stage capitalism certainly does bear more than a passing resemblance to feudalism. Ownership is concentrated with a handful of oligarchs, and everybody else owns practically nothing. Even things like media, cars and appliances are slowly turning into rentals. Everything is a subscriptions service nowadays, and once you stop paying the company takes your toys away.
In the past it was called feudalism, with the difference that people were called plebs and now they are called consumers.
Late stage capitalism certainly does bear more than a passing resemblance to feudalism. Ownership is concentrated with a handful of oligarchs, and everybody else owns practically nothing. Even things like media, cars and appliances are slowly turning into rentals. Everything is a subscriptions service nowadays, and once you stop paying the company takes your toys away.