Feudalism is based on lordship of land, and peasantry paying rent in kind, ie agricultural produce and a portion of their production. Capitalism is based on wage labor and flow of commodities, industrialized production, etc. Feudal farming vs capitalist farming is quite stark, as an example.
I didn’t say feudalism. Though I agree, but why is it different from capitalism?
Feudalism is based on lordship of land, and peasantry paying rent in kind, ie agricultural produce and a portion of their production. Capitalism is based on wage labor and flow of commodities, industrialized production, etc. Feudal farming vs capitalist farming is quite stark, as an example.