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 its classic definition, by Francois-FranÃ§ois Louis (ganshof), 1944 feudalism describes a set of reciprocal legal and military obligations among the warrior, nobility revolving around the three key concepts of, lords vassals and. fiefsis classic definition of feudalism is widely accepted today among medieval scholars, though questioned both by those who view the concept in wider terms and by those who find insufficient uniformity in noble exchanges to support such a model.