The American Farm Bureau Federation’s Samantha Ayoub reported that “the U.S. Courts report that 315 farm bankruptcies were filed in calendar year 2025, up 46% from 2024. While still down from recent highs, this is the second year in a row of increased filings.”
Can’t have feudalism without land fully concentrated in the hand of the king.
AKSHUALLY feudalism would be dynasties renting (defacto owning) land from the king. Kings historically didnt control a lot of land directly. Absolutism which laid the foundation for the modern nation state, was the consoldation of most land in the hand of the king.
Ah ok. My understanding was that the land belonged to the King and he let aristocrats manage it based on his favor or personal opinion, where the aristocrats had to come up with the tribute to the king and in turn got to manage the land however they saw fit. I’ll have to look into absolutism; never heard of it. I’m sure there was different ways of doing it too though, like Japan vs. England.