No, D&D is definitely set in medieval Europe except with magic added, and the mythical creatures are based on European fairy tales (albeit ones before the medieval era). The weapons are also medieval era specifically, with types of swords and armor that didn't exist prior and weren't used later.
Maybe it doesn't represent feudalism, but this was the inspiration, not the USA. And macro economy isn't a focus in the game. If you want to make it fit, you could say the adventurers are not adhering to the system, rather they're rebels, nomads, or pirates.
Maybe it doesn't represent feudalism, but this was the inspiration, not the USA. And macro economy isn't a focus in the game. If you want to make it fit, you could say the adventurers are not adhering to the system, rather they're rebels, nomads, or pirates.