What is the political economy of feudalism?

I'm afraid that depends on what you mean by 'feudalism'. If you use the strict and narrow definition (as put forward by F L Ganshof for example) then it means a system in which land is held in return for military service, direct or indirect. read more

The rent can be unpaid labour (as in classic 12th century European feudalism) or a money rent (much more common). This kind of political economy is found in many times and places and usually appears after the collapse of a strong central power. read more

Feudalism is a system of political organization, in which society is sharply divided into classes, exemplified by but not unique to medieval Europe. Feudalism is a system of political organization, in which society is sharply divided into classes, exemplified by but not unique to medieval Europe. read more

Feudalism, also called feudal system or feudality, French féodalité, historiographic construct designating the social, economic, and political conditions in western Europe during the early Middle Ages, the long stretch of time between the 5th and 12th centuries. read more