Yes, the details are different, but the overall problem is similar. There is a lack of class mobility and an increasing disparity between the classes. You must know these things to be true because you work in a field which focuses on increasing this disparity while empathizing with the disenfranchised.
Do you think he's wrong?
He and I categorize class differently (he does so by income, I by relation to the means of production), so it is difficult to really reconcile our views.
I think that any mode of production wherein one class enjoys near monopolistic control of society's productive forces will inevitably lead to economic disparity in various degrees of severity. In that sense, yes, the current order resembles feudalism (wherein lords and their vassals enjoyed near monopolistic control of land), but this is a very superficial comparison--I really can't think of many modes of production where this wasn't the case.
If, as the author believes, capitalism is the endpoint of human economic development, asking people to man the ramparts (of regulation) forever to protect it from itself is a tough sell. The neoliberal revolution wasn't just a concerted class effort, it was also the product of masses weary of fighting a war without end.
