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Wealth inequality is higher now than it was back when most of us were serfs who barely owned the clothes on our backs while one family lived in a castle and owned the rest of us?
Yes. Modernity made it a lot easier to create wealth out of thin air. However most of the worlds lowest class have it better in pretty much every metric than that family.
That's funny, cause wealth was also measured like this in the GDR.
Believe it or not, even the richest monarchs didn't have over a million serfs working directly under them. Even today there are many people who still barely own the clothes they wear
Yeah actually. It wasn't until industrialization that work hours and pay got so bad. Most commoners in the middle ages did just fine on what we would consider to be a half day of work and suffered for things out of human control like droughts.
Not that Feudalism was a better system, just more that people were more scarce, less replaceable, and automation was zero.