Is modern capitalism beginning to resemble a feudal system? This episode of Explaining History explores the provocative argument, drawn from the work of the late anthropologist David Graeber, that contemporary capitalism has evolved into a new form of feudalism.This episode delves into a lecture by David Graeber, where he contended that modern “rentier capitalism” shares many characteristics with historical feudalism. We’ll unpack the distinction he makes between a system based on the extraction
Reading time:
1–2 minutes
Explaining History Podcast
For more than a decade, the Explaining History Podcast has helped listeners around the world make sense of modern history. What began in 2012 as a simple experiment—short, accessible episodes explaining major historical events—has grown into a long-running library of carefully researched, thoughtful explorations of the 20th and 21st centuries.
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