A new architecture, naked-eye ghost imaging via photoelectric feedback, is developed that avoids computer algorithm processing. Instead, the proposed scheme uses a photoelectric feedback loop to first realize the correlation (multiplication) process of the traditional ghost imaging system. Then, the vision persistence effect of the naked eye is exploited to implement the integral process and to generate negative images. Two kinds of feedback circuits, the digital circuit and the analog circuit, are presented that can achieve a feedback operation. Based on this design, high-contrast real-time imaging of moving objects is obtained via a special pattern-scanning architecture on a low-speed light-modulation mask.