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ISMAEL HOSSEIN-ZADEH & ANTHONY A. GABB – Financial Oligarchy vs. Feudal Aristocracy

Under the feudal mode of production, peasants were often allowed to cultivate plots of land for themselves on a rental basis. However, those tenant farmers rarely succeeded in becoming landowners in their own rights because a major share of what they harvested was taken away by landlords as rent, often leaving them with a bare subsistence amount of what they …