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account42today at 8:48 AM1 replyview on HN

Perhaps the term you are looking for is corporate feudalism.


Replies

strangegeckotoday at 9:11 AM

Maybe, but you have very similar dynamics in China or other countries. At the root the problem is one of power dynamics, inequality, authoritarianism (whether legitimized by money or politics or both). Or said otherwise, an erosion of democratic and egalitarian ideals.