Our Benevolent Feudalism

Published in 1902, 'Our Benevolent Feudalism' by William J. Ghent is a social and economic critique of early 20th-century America. Ghent argues that the industrial system has created a new form of feudalism, where industrial magnates exert control over the working class, leading to increased dependency and subordination. The book examines the implications of this structure on various social classes, including farmers and wage-earners, and critiques the concentration of power and wealth among a select few, reflecting on the broader social conditions in the United States from 1865 to 1918.