> "I just don't like anything which creates a lords and peasants sort of thing," This is particularly ironic coming from Elon Musk, net worth $245Bn in a country where “44.2 million people lived in households that had difficulty getting enough food to feed everyone in 2022”
It's a bit long to reproduce here but the gist of it is that lords had rights and privileges that peasants (serfs) didn't.
Those privileges were not based on merit (e.g. you started a successful business and made lots of money) but on bloodline or being given the lord title by monarchy.
Musk made this comment in the context old blue checkmark regime at twitter where Twitter was the monarchy (i.e. the king) bestowing status of a lord (blue checkmark) not based on objective merit but based completely on whims of Twitter. And everyone else was a peasant: no blue checkmark and no way of escaping the status of a peasant other than hoping the King (Twitter) will bestow that status onto you.
In capitalistic society some people have more money than others. What makes capitalistic society different than feudal society is that everyone has the same right under law (even if that's not perfectly implemented) and you're not forever bound to low status in society. You can go from a peasant to a lord.