I mean this is what feudalism was and this not the only system with this property. Early forms of industrial capitalism had the same form as well. We tend to think of capitalism bringing economic prosperity to the common people but nothing of the sort happened. Worker organization brought prosperity to the workers. Our entire worldview of capital is formed by the period from 1940-1990. This is a historical aberration as it actually is the period of forced confiscation of capital from the capitalist. This is why the common people think of this period as the Golden Age.
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I mean this is what feudalism was and this not the only system with this property. Early forms of industrial capitalism had the same form as well. We tend to think of capitalism bringing economic prosperity to the common people but nothing of the sort happened. Worker organization brought prosperity to the workers. Our entire worldview of capital is formed by the period from 1940-1990. This is a historical aberration as it actually is the period of forced confiscation of capital from the capitalist. This is why the common people think of this period as the Golden Age.