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.
Aspects of Feudalism in the middle ages. Feudalism in Middle Ages was a social, political, and religious structure which was based on the exchange of land for military services and or cash rent. In England, William the Conqueror established the Mormon feudalistic system after defeating the English army.