How Hidden Hyperinflation Left Americans Broke, and What to do About It In this essay, I’m going to challenge (wait, I mean smash) the funny, foolish, backwards myth that “socialism is too expensive!!” — which no one should believe.
How Downwardly Mobile Americans are Being Radicalized into Betraying America Check out the jaw-dropping picture above — which by now you might have seen. Now think about Senators travelling constantly to Moscow for reasons unknown. Then consider a President who’s more loyal to Russian self-interest than he is to any vaguely American ideal.
How American Elites Ruined Their Society in a Way the World Hasn’t Seen Since Weimar Germany Take a good, hard look at the chart above. I don’t usually write essays about charts—but this one’s different. It’s American collapse in four lines. It says that American elites mismanaged their economy so badly, so…
Capitalism is a Social Construction. But What Does That Really Mean? Here’s a tiny suggestion. Capitalism is a social construction. Sorry, I don’t mean that the way your college courses did. I mean it like this: capitalism has always been a product of socialism (not just shaped by social mores and attitudes, which is true, … Read more
Why Capitalism’s Collapse Feels Weirdly a Lot Like Communism’s Here’s a funny observation. Soviet style communism was always marked by chronic, predictable shortages. Especially for luxuries. The line for jeans, sweaters, boomboxes, and TVs, which stretched around the block, always leaving people empty-handed — while decadent…
How Predatory Capitalism Breaks Societies, Economies, and Minds Jul 20, 2018 Member-only Save Here’s a tiny fact.Burberry recently had $35 million of unsold clothes — and so it burned them. Just set them alight. If you think there’s something weird, infuriating, and perverse in that, you’re not wrong. It contains in it the whole story … Read more
The Great Lesson of the 20th Century — and How America Never Learned It When I say “the modern world”, what do you think of? Probably a great city somewhere, with broad avenues, spacious parks, art and culture, old museums, people buzzing about, public transport thrumming.
The Fine Art of Playing Dumb While the House Burns Down Jul 7, 2018 Member-only Save Some things in life, my friends, are unpredictable. The weather. True love. The stock market. But some things are entirely, utterly, and almost boringly predictable, too. And strangely, those aren’t small things. Sometimes, they’re big things. One of the … Read more
The Alliance Versus the Faction When I look at America today, I see a nation in which democracy is at grave risk. If I’m something like a doctor, then I don’t see a patient with the flu — I see a patient with a lethal illness, which needs serious and risky treatment. What do I … Read more
How the Free World Took Four Giant Leaps to Self-Destruction Jul 3, 2018 Member-only Save A (successful) American politician who cries:“God is a white supremacist!”Neo-nazisin the Bundestag. Theextreme right rising in Italy. Poland’s authoritarianspurging its Supreme Court. How did we get here? To a world where the forces of intolerance and indecency are on the … Read more
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