Although the terms are similar, neoliberalism is distinct from modern liberalism. Both have their ideological roots in the classical liberalism of the 19th century, which championed economic laissez-faire and the freedom (or liberty) of individuals against the excessive power of government.
The 'feudal system' is the name for a power structure where people held their land in return for promising loyalty, known as doing homage, and providing services such as working or fighting for their lord.
(in the feudal system) a person granted the use of land, in return for rendering homage, fealty, and usually military service or its equivalent to a lord or other superior; feudal tenant. 2. a person holding some similar relation to a superior; a subject, subordinate, follower, or retainer. 3. a servant or slave.