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  • The Coming of Neo-Feudalism

  • A Warning to the Global Middle Class
  • By: Joel Kotkin
  • Narrated by: Traber Burns
  • Length: 6 hrs and 33 mins
  • 4.2 out of 5 stars (263 ratings)
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The Coming of Neo-Feudalism

By: Joel Kotkin
Narrated by: Traber Burns
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Summary

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 70 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. 

The new class structure resembles that of Medieval times. At the apex of the new order are two classes - a reborn clerical elite, the clerisy, which dominates the upper part of the professional ranks, universities, media, and culture, and a new aristocracy led by tech oligarchs with unprecedented wealth and growing control of information. These two classes correspond to the old French First and Second Estates. 

Below these two classes lies what was once called the Third Estate. This includes the yeomanry, which is made up largely of small businesspeople, minor property owners, skilled workers, and private-sector oriented professionals. Ascendant for much of modern history, this class is in decline while those below them, the new Serfs, grow in numbers - a vast, expanding property-less population. 

The trends are mounting, but we can still reverse them - if people understand what is actually occurring and have the capability to oppose them.

©2020 by Joel Kotkin (P)2020 by Blackstone Publishing

What listeners say about The Coming of Neo-Feudalism

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Catchy title but intellectually lazy thesis

The problem of an increasingly rentier & financialised economy is a real one as demonstrated by Thomas Philipon. I was hoping this would be of similar quality to something like The Great Reversal, detailing the strangling of US competition. I had separately coined the reversion to feudalism to describe spiralling housing & living costs in the west.

However this is mainly an excuse by the author to rant & make broad statements where examples to back up is thesis are sparse or non existent. It is barely above the level of a Twitter rant saying down with SJWs. The authors claim of environmentalism as faith is particularly bizarre, & one that he makes little attempt to justify. Half way through & id be surprised if there isnt a rant about trans towards the end.

While the author hits on one or two decent headline indicators of inequality it is only to fit a pre existing narrative, he does little to embellish or further justify his arguments. Even the parts I was sympathetic too are just far too poorly contextualised or supported via studies & examples. The result being a glorified opinion blog.

I fear this may ruin the neo feudalism term for me as by association if this becomes a popular book.

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13 people found this helpful

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A diatribe against the modern world

Read this and you'd think there was nothing good in the world or no such thing as human progress. The author goes on and on railing against everything in the modern world in a way that is extremely unbalanced and doesn't reflect the world we live in. There is almost a narcissism to this type of Chomsky left wing self bashing that seems founded on a sense of the person's superiority to the rest of the world. It's not really helpful for those who want to live in a better world, as while trashing everything is easy, proposing solutions to a complex world is very hard. For that I'd recommend the books of Thomas Pickerty.

To the books merit the basic observation that the middle and working class are being hollowed out and a new overlord elite is forming may be valid, but the book was messy in its structure and poorly argued.

As to it's very negative portrayal of the modern world, I think a month in medieval Europe or parts of sub Saharan Africa would probably help the authors perspective as the last time I checked I had food in my fridge, an internet connection, access to healthcare and a police force and army to protect me, all of which are the fruits of the modern world succeeding and which are not to be taken for granted. This book is the opposite of Stephen Pincker's overely positive view of the world, maybe they should be read together as I'm suggesting reality lies somewhere in between these two extreme positions.

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6 people found this helpful

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prescient

covers every avenue of our current experience. also read Prof Ed Dutton to be fully enlightened.

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  • 22-10-21

interesting and insightful but has some flaws

Kotkin's overview of current society, raises several points suggest a decline of the middle class in importance, prosperity and morality. It also makes a point of a moral collapse. This seems deeply flawed leading to a "young people suck these days" argument which damages the overall thesis. it adds fuel to the misnomer that the media keeps peddling serving as a distraction to what unabashed captial disparity is doing to our soceity. There also seems a lack of engagement with where we should go from here, other than to try a revert back fifty years. Something that seems complete pipe dream since Reagan and Thatcher. It however still has some very accurate points of a economic trend which is certainly happening. His historical summaries are also fairly insightful. Worth a read if this stuff is of interest to you- it probably should be but take it with a pinch of salt. He values the middle class above all which gets laughably bizarre at some points, as if he is correct its already far too late and ultimately inevitable.

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Intellectually Lazy

The idea that corporate power is creating a new feudal structure based around a technocratic oligarchy is a compelling, if not particularly original proposition.

If you actually have to live in the world outside of a pressurized academic bubble and without a full suite of life's advantages - and providing that you are already paying attention - little of what Kotkin has to say will be news to you. It may be somewhat entertaining to hear aspects of your lived reality expressed with the anxious immediacy of the newly awakened; it may also be of some use to find them supported by the broad citation of statistics. Be careful here, however; despite Kotkin's claims of nonpartisanship he is approaching this topic with a distinct center-right agenda and, as no aspects of the problem are treated in serious depth, his sources are almost certainly selected to support that perspective.

Despite correctly identifying many of the most worrying trends of 21st century technocracy, Kotkin seems incapable of clearly perceiving their cause. The yawning wealth gap between tech billionaires and their corporate serfs is elucidated, but the obvious conclusion that capitalism always leads to a concentration of wealth and power is studiously ignored. The various social ills afflicting deprived areas are bemoaned, but to Kotkin the blame seems to reside more with immigrants and their descendents than with an economic structure which generates deprivation. Any hint of a redistributive solution to social inequality is treated with a kind of middle-class pearl clutching. The resulting work seems to vacillate between stating and missing the obvious.

The title of this book is on point though; Kotkin is writing exclusively for the middle-class, and distorts the historical and contemporary evidence to suit. Hard-won workplace protections are attributed not to the workers who organized for them, but to bourgeois reformers. Principles of social justice and equity are conceived as emanating from an emergent leftwing 'clericy' inexplicably aligned with oligarchs whose interests stand opposed to egalitarianism, rather than the marginalized communities from which such ideas have actually grown. It's as if Kotkin cannot conceive of any serious perspective emerging from anywhere but his own economic band. This generates a kind of revisionism that awards all of the agency to his favoured demographic; an intellectually lazy approach which produces as many wrong answers as right ones.

Kotkin has an troubling habit of superficially acknowledging an historic social issue before enthusiastically apologizing for its cause. The 'shameful' treatment of African slaves and Native Americans is mentioned in a perfunctory way before Andrew Jackson is lauded for his economic policies, and the opportunities afforded to 'everyone' by liberal capitalism are unreservedly praised. It is as if the violent extraction of land and labor can be treated independently of the fortunes they created, the economic order that they built, or the resulting disparities which persist in some form to this day. This highly selective understanding of history leads to a blinkered and uncritical appraisal of the social and economic forces that have shaped our present cultural landscape, and a misguided belief that our current predicaments are the result of a malfunctioning system rather than one which functions exactly as intended.

Kotkin exhibits a similar offhandedness to the issue of our time, namely ecological collapse - and any resulting predictions of the future are likely to be way off-target as a result. He acknowledges climate change as a reality, but instead of engaging in any clear-sighted analysis of how this issue will affect the future society he is painting, he resorts to vagueries about how the scientific consensus has not been conclusively settled and writes off the environmental movement as if it was an exclusive society of leftist media figures arriving at Davos by private jet. This is because the liberal capitalist order he has spent the rest of the book expounding in uncritical terms is demonstrably wrecking the basis for life on earth, and to engage with this fact would be to acknowledge that he has painted himself into an intellectual corner. Already this superficial approach looks suspect when writing about the future, but in a few years it will render the work irrelevant as a major factor in the socio-economic development of the next century has been practically omitted.

The Coming of Neo-Feudalism is a product of Joel Kotkin's comfort zone; its immediacy generated in direct proportion to how threatened he perceives that comfort to be. He evidently believes not only that capitalism could have worked forever without concentrating wealth in the way that it has or reaching a planetary limit, but that it actually created some kind of golden age of opportunity for all which might also have been sustained. This convenient, comfortable worldview is clearly an artifact of Kotkin's own socio-economic advantages, and in cleaving to it he fundamentally misinterprets the issues he has undertaken to investigate.

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very educational and eyes opening

Very educational and eyes opening, what our children are facing in their near future, problems which have been brought upon us by the greed and will to multiply the profits on the cost of the rest of the society

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The most important book in years

Everyone should hear the information and ideas put forth in this book. Well structured, easy to digest, good performance.

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Thought-provoking yet tendential

Kotkin gives a stark warning - in the near future, we might find ourselves in the new middle ages with its three separate classes, the nobility, the clerical estate, and the peasants. Chances are, most of us will end up being in the most unenviable class of mere commoners. While this is a fascinating idea, Kotkin seems rather too fond of it to recognise when facts don't always support his argument. The writing can be overly emotional and relying on its rhetoric to carry the argument rather than on thoroughly researched evidence. All in all, read and think, but take with a grain of salt.

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Must Read

The points highlight very important characteristics and conundrums of the modern civilization. The take is surprisingly global and isn’t blinding focused on the USA as if no other place on the planet mattered, as it usually happens in similar works. It’s simply brilliant.

Yes, each 3 minute segment could have an entire hour to be more detailed and layered and 360-degree viewed , but the summaries are focused, clear and backed by numbers. One can’t achieve both depth and width in terms of the spectrum of the topic, or else we’d be here for 50 hours.

Disclaimer: I am overall in 95% agreement with the author which certainly skews my judgement of the book. But in my defense I’m in 95% agreement with only one in every hundred books I read/listen.

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A must read for anyone who cares about their future.

A very concise and accurate portrayal of the meta trends at work. I think to get a more accurate picture one also has to take into account the other historical cycles at play. Read Wheeler, Armstrong, Harari, Davison and Rees-Mogg + Howe and Strauss to get a really accurate understanding of how the coming neo-Feudalism fits into the changing epoc of human interaction; the Information Age.

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