Same as peonage, except that peonage can refer to a group or class of peons as well as a condition ("served in conditions of peonage"). "Peonry" refers only to a group or class of peons.
From an online article about McDonald's and their resistance to paying a living wage: "Holders of McDonald’s stock will not care either, remaining comfortably in the shadows as they enjoy their completely unearned (in the sense that McDonald’s peonry earns its wages) dividends."
by Pragmatus September 16, 2013
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