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.
A broader definition of feudalism, as described by Marc Bloch (1939), includes not only the obligations of the warrior nobility but those of all three estates of the realm: the nobility, the clergy, and the peasantry bound by manorialism; this is sometimes referred to as a feudal society.is 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.