Feudal economic conditions lead to this kind of rent seeking behaviour being taken to the extreme
For reference, it was common in pre-Mao China for landlords to take 90% of the harvest from a peasant, who did the labor just to be able to get the remaining 10% because they owned no land on which to farm their own crops.
For reference, it was common in pre-Mao China for landlords to take 90% of the harvest from a peasant, who did the labor just to be able to get the remaining 10% because they owned no land on which to farm their own crops.
That’s interesting and outrageous but it doesn’t answer my question at all.
The answer is that feudal conditions aren’t needed but that’s not what the other person said.