Feudalism

What is it?

Feudalism is a political and military system between a feudal aristocracy (a lord), and his vassals.

How it works

A Lord would grand his Vassals a Fief (piece of land) in exchange for the Vassal’s military service. In theory, the king owned all or most of the land and gave it to his leading nobles in return for their loyalty and military service. The nobles in turn held land that peasants, including serfs, were allowed to farm in return for the peasants' labor and a portion of their produce. Under feudalism, people were born with a permanent position in society.

Good / Pros

It provided land to people so that they may make some kind of living.

People knew their place and it was predictable and systematic.

Bad / Cons

People could not move on the social scale. If you were unsatisfied than you were stuck.

One family would rule the entirety of the feudal kingdom, no new ideas or people could be introduced.

It seems like there are no laws or rules, only that the vassals were to give the king their power at any given time.

The vassal may have been required to yield a certain amount of his farm's output to his lord. This would make it so the lord is always on the top of the system and the presents are on the bottom,

If the presents fail to make anything than it will topple the rest of the stack.

Is there a place out there where it still exists?