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.
The following is a brief overview of feudalism. This was a political system in place in Europe, Japan and China for many centuries. It is useful to reflect on the way this political system works to maintain social order.apan's feudal tradition can be traced to T'ang China and the uji organization in early Japan. Feudalism developed slightly later in Japan than in Europe (12th and 9th centuries, respectively).