> someone made up some words
neufeudalism is just a natural evolution of neoliberalism.
It's where your become a modern equivalent of medieval serf, your bionic eyes become obsolete and unsupported [1], all contracts between you and corporations are extremely one-sided, you own no property and no land.
You may think you own your TV and your car. But fixing 'your' car without paying the Lord is a crime - because of IP law and DMCA.
Actually someone at Samsung wakes up one day and decides that your TV, car, or front door should stop working today. Your have no right and no recourse. Or you have theoretical rights that can only enforced with a 10-year long court battle costing millions of dollars. However any offense against the lord, er, I mean, corporation, is prosecuted by the king, I mean state, for free.
The lord to collects the 30% Apple tax. The Lord himself does not pay any tax. The lord pledges loyalty to the king, and provides the king with access to it's territory and resources - the king may access information held by any serf on OneDrive, ICloud, Buttcloud, etc. the Kings must compete with one another to woo the Lord to their. The Kings of China and US constantly battle for territorial access to different lords.
Recently some plebs petitioned Lord Elon to remove filthy Russian peasants from his kingdom by disabling all Teslas in Russia. [3]
1 - https://spectrum.ieee.org/bionic-eye-obsolete
2 - https://www.trustedreviews.com/news/samsung-can-remotely-bri...
3 - https://www.businessinsider.com/elon-musk-twitter-users-requ...