We don't have a feudal hierarchy.
Yes we do.
Does your company have a "chain of command" with a de facto KING?
Does your church have a "chain of command" with a de facto KING?
Does your family have a "chain of command" with a de facto KING?
Does your government have a "chain of command" with a de facto KING?
When I say "feudal hierarchy" I'm referring to any Authoritarian command structure that only accepts input from the lower levels based on the feeble whim of those at the top.
We thought "democracy" would "fix" the "problem" but I'm afraid it's almost made it worse.
Constitutional HOLACRACY seems to be the most promising alternative.
ANARCHY just reshuffles the cards and we end up just playing the exact same game all over again.
You said a feudal hierarchy. Not all hierarchies are feudal. We don't have land grants and titles handed down from a monarch with obligations to serve in exchange. Fundamentally, market transactions are mutually-beneficial exchanges, not coercive authoritarianism. That includes employee-employer relationships. Yes, this can be distorted and corrupted, but that doesn't make it feudal, or even inherently abusive.
I'd love to hear some examples of what you believe qualifies as "mutually-beneficial exchanges".
From what I can tell, there are ALWAYS winners and losers, and the bigger fish is the odds on favorite.
The modern employee-employer relationship is INHERENTLY abusive.
I've seen people get fired for the most petty of reasons. Sure, there might be "laws" to protect "the disabled" and others from "discrimination", but 99.99% of workers don't have the time or the money to hire the ACLU to take their cases, they just scramble for another job like a "good" worker should.
Here's a good example of what I'm trying to explain, skip to 197 seconds,
Value is a subjective determination made by market actors, not an inherent property of goods and services. This difference in valuation means both parties can "win" in an exchange, and exploitation is not inevitable. A loaf of bread is not worth the price asked. The price is an offer. The seller values the asking price more than they value the bread. The buyers, if any exist, value the bread more than the money exchanged for it.
If there are no buyers, the seller must adjust the price, or determine whether the market has no need of hif their goods at all.
Labor is not a special class of services. Labor has a market price depending on its skill and quality. Price controls have the exact same adverse effects on the labor market that they have anywhere else.
No one is owed a job. Yes, some employers are corrupt and abusive. So are some employees. The solution is not legislation. And again, corporations are creations of the State, not the market.