Traditionally, fantasy has woven together Medieval feudalism and faerie folklore in some fashion or other.

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It was a vast improvement over the predecessor systems of feudalism and mercantilism.

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After the fall of the Roman Empire, trade dried up, cities declined and feudalism arose as nobles retreated to heavily armed country estates.

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Feudalism had withered in most of western Europe by the middle of the 16th century, but serfdom didn't end formally in Russia until 1861.

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This raises thorny questions about digital feudalism and the law.

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And no matter how selfish our current capitalistic model may be, it is not as selfish as mercantilism and mercantilism was not as selfish as its own predecessor, feudalism.

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What we call feudalism lasted for many centuries.

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