In the 1300s you could be broke but if you had the blue blood you still had power.
People today can become wealthy, and wealthy people can lose wealth, much much easily than nobility was created or revoked under feudalism.
There's objectively more social mobility. That's an improvement. Don't confuse "it's an improvement" with "it's an acceptable and desirable end state".
alt Hacker News
In the 1300s you could be broke but if you had the blue blood you still had power.
People today can become wealthy, and wealthy people can lose wealth, much much easily than nobility was created or revoked under feudalism.
There's objectively more social mobility. That's an improvement. Don't confuse "it's an improvement" with "it's an acceptable and desirable end state".