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== Europe ==

Feudalism in [[Europe]] was made up of a [[noble]] or [[lord]] who owned land that was given to him by a king. These lords lived in castles that usually had a moat and would rent their land out to [[vassals]]. Vassals were considered nobles but with less power. The vassals gave military service to the lord in order for protection and land. The vassals would rent their land out to peasants or [[serf]]s who farmed that land. The peasants or serfs were not slaves because they were free to leave if they wanted but they were tied to their land. If one lord sold the land to another the peasants would not move. The new lord would own the land. The peasants farmed and gave a parentage of their crop to the vassals for payment for their land. In return the vassals gave the peasants protection and land to work. The vassals would also give the lord a percentage of their wealth. In the feudalism system everyone wins but some win more than others.

== Japan ==

Feudalism also developed independently in [[Japan]]. Skilled military leaders called [[bushi]] raised armies of [[Samurai]] to defend their estates. The samurai lived by a code of conduct called [[Bushido]]. Bushido was similar to the [[Chivalry]] of [[Europe]], but included a code for Japanese women to follow. Bushido emphasized extreme loyalty to one's lord even more than chivalry, making the Japanese amazingly tenacious fighters. As in European feudalism, the land was farmed by peasants.

==Criticism==

In recent years, some historians have criticized the use of the term ''feudalism'', and the way it is used to describe medieval society. They cite three arguments to support this criticism. Firstly, that the term was never used by medieval man, but was invented by early modern lawyers in an attempt to interpret the legal system of the middle ages; secondly, that it reflects a simplified and often incorrect view of medieval law and politics; and thirdly, that modern historians use the term in too many different and often incompatible ways. The debate over this issue continues.

==Modern==

The structure of most modern-day [[corporations]] has been compared to the traditional feudal society, with the Board of Directors taking the place of God, the CEO as the King, and the workers as the [[serf]]s. The largest obvious difference is that corporations are rarely permitted to kill disobedient workers or engage in armed conflict.

==References==

*Marc Bloch, ''Feudal Society''
*Francois-Lois Ganshof, ''Feudalism''
*Elizabeth E. R. Brown, "The Tyranny of a Construct: Feudalism and Historians of Medieval Europe", ''American Historical Review 79''
*Susan Reynolds, ''Fiefs and Vassals: The Medieval Evidence Reinterpreted''
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