Summary of Joel Kotkin's The Coming of Neo-Feudalism

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In The Coming of Neo-Feudalism (2020), urban futurist Joel Kotkin warns the global 99 percent of looming dangers ahead. Wealth and property have become concentrated in a few hands - the 1 percent - and upward mobility rates for the middle class have fallen to alarming lows. The new hierarchs of society, led by the affluent tech giants, are exerting a growing control over our lives and accumulating endless wealth at the expense of the declining middle and lower classes. The future of our society depends on our willingness to acknowledge and reject this return to the feudal system of medieval times.