This chain is like when people used to come from /r/all and get absolutely dog walked

I could care

According to my knowledge it is just as useful a term as feudalism, describing a specific system.

You have nonides what you’re talking about.

Buddy, you are a communist , a flatearther from economics, an etherium proponent from economics, a homeopathic doctor from economics.

And what you wrote is illiterate bullshit. Listen for once what people who are not from your sect say on things.

Despotism is an absolute monarchy where technically there's only one free man, the monarch, and all the subjects, including nobles or whatever, are his property. There's no contracts or something to this. The monarch's power is delegated as they wish to the state apparatus of whatever kind they choose. That'd be Russia since Peter or, say, Safavid Persia, and frankly a few German states in the new age despite sporting feudal symbolic.

Feudalism is a system of vassal-suzerain and allied relationships, contractual and not even that centralized, as a feudal entity can even be vassal to multiple other entities (games like CK get this wrong, which makes, say, Denmark there less fun than it was) and have its own various contractual ties. With feudalism every person's status is complex, there are individual privileges and obligations to every entity.

Feudalism is much more sophisticated than a despotic monarchy. IMHO it's the main reason Europeans dominate this planet.

EDIT: By the way, Decembrists paid a lot of attention to that difference, if we get back to Russian history.