Medieval Feudalism and Modern Corporate Capitalism

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  1. #1

    Join Date
    Nov 2014
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    852

    Medieval Feudalism and Modern Corporate Capitalism


  2. #2
    David Smith

    I've thought for a while that the largest part of most people's wealth is tied up in 1) housing 2) pension. You can't easily withdraw either and when you die the government takes a large part in inheritance tax, while the pension company is at discretion whether or not to pass the remaining funds on to your heirs. A bit less the case in HK as there is no cgt or inheritance tax here. Not exactly feudalism but still....