The Joyless Pantomime of Optimizing Ennui

The joyless pantomime of optimizing our alienation is not a substitute for authentic fulfillment.

We all know that geopolitics, the stock market, AI, the unemployment rate and all the rest of what's presented as "explaining" everything is "important," but all these analytic abstractions ignore what we actually experience. This divide between what we're told we should be experiencing and what we are actually experiencing is what I call the politics of experience, a term coined by R.D. Laing in the 1960s.

The basic idea is that there's a widening gulf between what we actually experience and what we're told we should be experiencing, and this disconnect is inescapably deranging. Since the entire realm we inhabit is telling us everything's great and the sky's the limit, we pantomime this same claim as if we're actually experiencing authentic joy because everyone else seems to believe it.

If we confess that we don't feel everything's great and what we actually feel is a complete disconnect from everything we're supposed to be feeling, then we risk an internal and social divide that threatens our entire status quo: if we recognize it's all a joyless pantomime, then what?

But everyone else doesn't actually believe it, either; they're just going through the motions in the hope that the joyless pantomime will keep everything they're afraid of losing glued together. But if we've substituted an optimized-for-optimization pantomime for authentic experience, then we've already lost ourselves and our ability to discern the hollowness of the civilizational psychosis that claims a life of ennui and alienation is "living our best lives."

The gulf between what we're told is joyful and wondrously promising and our lived experience is now so wide that the cracks are showing. Consider these excerpts from recent articles:

The Strange Feeling So Many Adults Can't Explain: The quiet epidemic not enough people are talking about. (medium.com)

Now I hear the same sentence from people all the time. "Nothing is wrong, I just don't really get excited about anything anymore."

They're not saying they're depressed. They're still working. Paying bills. Taking care of their kids. Walking the dog. Going to the gym. Life keeps moving. But the excitement isn't the same. That spark that used to make ordinary things feel meaningful doesn't seem to show up anymore.

What's strange is how many people seem to be feeling it at the exact same time. Spend a few minutes on TikTok, Reddit, or Instagram, and you'll find thousands of comments from people describing the exact same experience. Different ages. Different careers. Different backgrounds. But they're all asking a similar question. "When did I stop looking forward to life?"

Why does everything feel so joyless? Welcome to the age of decadence without pleasure: Decadence in our era comes in technologically mediated forms, emptied of desire and obsessed with self-optimization. (theguardian.com)

AI marks a triumph of artifice more sweeping than the old decadents could have imagined. Yet far from bolstering our capacity for perceptual intensity, AI presents new threats to both. Its productions are eerily hollow, with no felt experience, embodiment or sensation behind them. AI is the pleasureless decadence machine.

"There is no pleasure or pain for an AI, no skin in the game," the philosopher Carissa Veliz writes in her recent book Prophecy. As a result, an AI "cannot care, and therefore cannot value." Without some felt relation to pleasure and pain, judgments of value and taste become abstract and bloodless.

Art, sex, nature: why is everything sold to us as a means to an end, rather than an end in itself? How a reductive worldview is stripping meaning from our most valued activities. (theguardian.com)

I have seen countless other examples of all the things that are good in life being promoted not for their own sake but for the material benefits they bring. This instrumentalization has become normalized so insidiously that we don't even notice that it is odd, let alone wrong. Nor do we seem to be aware of quite how pervasive it is. Yet its effects are profound, leading us to lose sight again and again of what is truly of value in life.

Our autonomous agency has increasingly been expressed through our status as consumers. Freedom is above all the choice of how to spend our money, with the promise that everything we need can be obtained in exchange for cash. The consumer mindset has affected how we relate to everything, not just the things we buy.

The result is that the world has become essentially transactional, meaning that everything is an instrument for getting something else. It is no coincidence that dating apps give the impression that we are shopping for partners because we approach even relationships with the consumer framing.

Combine an inflated belief in personal autonomy, a transactional consumer mentality and a reductionist attitude to how things work, and it is inevitable that we treat the world as a collection of resources we can plunder to promote our own well-being. The tragedy is that when we do so, we neglect rather than serve our deepest needs.

The cornucopian fantasy of AI generating super-abundance is the joyless pantomime taken to the highest level of civilizational psychosis. The more we strive to optimize ourselves and everything around us, the more we rely on metrics as guides to "living our best lives," the more we strive to work harder and work smarter in the hopes that more stuff and more transactions will finally become fulfilling, the farther we drift from ourselves and our own experience.

The joyless pantomime of optimizing our alienation is not a substitute for authentic fulfillment. The pantomime--going through the motions of finding fake fulfillment in ultra-processed products, experiences and optimizations--is not just joyless, it drains our life force, leaving us in a depleted state of ennui, burned out and wondering why we don't feel the fulfillment we're supposed to be feeling in our hyper-optimized existence.

We don't need therapy and supplements, we need out.




NEW PODCAST: We Don't Have Capitalism Anymore--We Have Privatized Totalitarianism (60 minutes)(host Daniel H.)


My book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free)


Become a $3/month patron of my work via patreon.com

Subscribe to my Substack for free

---

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Joe S. ($70), for your superbly generous subscription to this site -- I am greatly honored by your support and readership.		Thank you, Randy J. ($70), for your marvelously generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Nick H. ($7/month), for your massively generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Jeff M. ($7/month), for your splendidly generous subscription to this site -- I am greatly honored by your support and readership.

Read more...

The Joys and Tragedies of Naivete

Our naivete is being exploited so ruthlessly and with such abandon that the golden age of the Big Con is consuming itself.

Naivete is interesting because it's so easily confused with confidence, native optimism, youthful enthusiasm, and a host of delusions, including mistaking idealized fantasies and fairy tales as templates for the real world. In a culture that prides itself on not being a chump, to be called naive is an accusation: don't be naive means don't be an easily conned chump.

In contrast, being confident, optimistic and filled with youthful enthusiasm are praised as the core of American Practicality, Idealism and Vigor, i.e. the can-do spirit. That naivete lends itself to youthful enthusiasm, sunny optimism and can-do confidence is rarely remarked upon.

So what is naivete other than credulity? It's a willingness to trust leaders, institutions and mythologies without running them through common-sensically skeptical filters, and a belief that everything will work out just fine regardless of what happens if we just keep working hard and working smart.

The difference between a willingness to trust leaders, institutions and mythologies, sunny optimism and youthful enthusiasm and naively mistaking self-serving fantasies and fairy tales for the real world is, well, there isn't any. Believing that an unending stream of patently transparent self-serving fairy tales accurately reflect "the real world" is the pinnacle of naivete, and that describes the entire American society, culture and economy: this is the golden age of the Big Con.

Which brings us to Herman Melville's under-appreciated classic, The Confidence-Man. Why read a book from 1857 which flopped so badly as commercial literature that Melville stopped writing and ended his career as a customs official? Because this book masterfully explores the entire nature of trust, confidence and cons. Though the setting is a riverboat on the Mississippi River just before the U.S. exploded into Civil War, its insights cross cultural boundaries.

This is not an easy book to read for several reasons. First, it is undoubtedly one of the first "post-modern" novels which breaks from traditional narrative storytelling. ( Another example: Dostoevsky's Notes From the Underground.) The Confidence-Man is a collection of 45 conversations between various people on the riverboat--beggars, absurdly dressed frontiersmen, sickly misers, shysters, patent medicine hucksters, veterans (of the Mexican-American War) and the "hero" in the latter part of the book, the Cosmopolitan.

In typical Melville fashion, you also get asides--directly to the reader, in several cases, as if Melville felt the need to address issues of fiction outside the actual form of his novel. The lack of structure, action and conclusion make this a post-modern type book, but if you read each conversation as a separate story, then it starts to make more sense.

For what ties the book together is not a story but a theme: the nature of trust and confidence. In a very sly way, Melville shows how a variety of cons are worked, as the absolutely distrustful are slowly but surely convinced to do exactly what they vowed not to do: buy the "herbal" patent medicine, buy shares in a bogus stock venture, or donate cash to a suspect "charity."

In other chapters, it seems like the con artist is either stopped in his tracks or is conned himself. Since the book is mostly conversations, we are left to our own conclusions; there is no authorial voice wrapping up each chapter with a neatly stated ending. This elliptical structure conveys the ambiguous nature of trust; we don't want to be taken, but confidence is also necessary for any business to be transacted. To trust no one is to be entirely isolated.

Melville also raises the question: is it always a bad thing to be conned? The sickly man seems to be improved by his purchase of the worthless herbal remedy, and the donor conned out of his cash for the bogus charity also seems to feel better about himself and life. The ornery frontiersman who's been conned by lazy helpers softens up enough to trust the smooth-talking employment agency owner. Is that a terrible thing, to trust despite a history of being burned?

The ambiguous nature of the bonds of trust is also explored. We think the Cosmopolitan is a con-man, but when he convinces a fellow passenger to part with a heavy sum, he returns it, just to prove a point. Is that a continuance of the con, or is he actually trustworthy?

The book is also an exploration of a peculiarly American task: sorting out who to trust in a multicultural non-traditional society of highly diverse and highly mobile citizens. In a traditional society, things operate in rote ways; young people follow in their parents' traditional roles, money is made and lent according to unchanging standards, and faith/tradition guides transactions such as marriage and business along well-worn pathways.

But in America, none of this structure is available. Even in Melville's day, America was a polyglot culture on the move; you had to decide who to trust based on their dress, manner and speech/pitch. The con, of course, works on precisely this necessity to rely on one's senses and rationality rather than a traditional network of trusted people and methods. So the con man dresses well and has a good story, and an answer for every doubt.



Our naivete is being exploited so ruthlessly and with such abandon that the golden age of the Big Con is consuming itself. Delusions are now the norm, as if our unhinged optimism that everything will turn out just fine as long as we believe in Technology and Finance, for that will be enough to stem the tsunami of consequences building up beneath the surface euphoria of stocks and AI making us all wealthy beyond measure.

These are the joys of naivete. The tragedies are still over the horizon, a gathering storm we are unprepared for.


NEW PODCAST: We Don't Have Capitalism Anymore--We Have Privatized Totalitarianism (60 minutes)(host Daniel H.)


My book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free)


Become a $3/month patron of my work via patreon.com

Subscribe to my Substack for free

---

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Joe S. ($70), for your superbly generous subscription to this site -- I am greatly honored by your support and readership.		Thank you, Randy J. ($70), for your marvelously generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Nick H. ($7/month), for your massively generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Jeff M. ($7/month), for your splendidly generous subscription to this site -- I am greatly honored by your support and readership.

Read more...

Get the Flock Out of Here

The government gets the privately collected data and in return dismantles or disables the guardrails that once protected the public from state and private-sector encroachments on privacy.

One of the core traits of a 1984-type totalitarian dystopia is 24/7 surveillance of every prisoner, oops, I mean citizen. Surveillance collects the data that leverages the tools of control: without surveillance, the structures of control do not have the data needed to monitor, track and control the populace in a profitably fine-grained manner.

As I have endeavored to explain, surveillance is no longer the unique purview of the central state; it has been fully privatized for profit by Big Tech and Corporate America, creating a vast, sprawling structure of control I call Privatized Totalitarianism as the mechanisms of data collection and profiting from this data collection are privately owned but the data is for sale to anyone, including government agencies of every stripe.

We thus have a hybrid mix of public and private control structures. The government (with a monopoly on force and declaring what's legal) has its systems and tools to collect data on the citizenry, and corporations (platforms, monopolies, quasi-monopolies, cartels) have their privately owned and operated "black box" systems and tools to collect data on the citizenry.

Both profit when the privately harvested data is shared with the government. The government gets the privately collected data and in return dismantles or disables the guardrails that once protected the public from state and private-sector encroachments on privacy.

In a centralized system in which power and wealth are concentrated in the hands of the few, everyone in power benefits from this cozy marriage of corporate and state exploitation of data collected by surveillance and whatever is conducted or transacted online, which together increasingly includes every aspect of daily life.

Whatever is digitized can be collected and sold, whatever is surveilled "for our own good" can be harvested and sold, and whatever is sold becomes a means of control.

When it comes to data collection, the more data collected, the greater the profits and the means of control. It's important to note here that the control structures of Privatized Totalitarianism differ from the rigid enforcement of tradition state-totalitarianism, where no dissent is allowed.

In the marriage of self-serving State and Privatized Totalitarianism, a narrow band of ultra-processed, i.e. carefully curated and controlled "debate" and "dissent" is not just allowed, it's constantly lauded as "proof" of our "free markets" and "liberty", in the same way a starchy, grease-soaked, heavily sweetened goo dyed orange is lauded as a "healthy veggie snack."

Ultra-Processed Life (book)

In both cases, the fake facsimile is highly profitable but destructive over the long term. The individual who falls prey to the ultra-processed snack become ill, and the society that falls prey to the fake facsimile of a "marketplace of ideas freely debated" also weakens to the point of collapse.

In other words, as long as the public dialog remains corralled within the sterile, dead-end "debates" of obsolete, divisive and distracting cliches--left vs. right, socialist vs capitalist, blah-blah-blah--then the centralized concentrations of power and wealth can enjoy watching the peasantry toil away from their castles on the hill, amused by how easy it is to maintain the one-sided status quo with a managed spectrum of phony "debate" and 24/7 data collection and surveillance--all sold as "for our own good."


Who Will Solve Our Real Problem--The US is a Neofeudal Autocracy

So cameras on every lightpole--for our own good. Cameras above every doorway: for our own good. Drones monitoring traffic: for our own good. Data collected by platforms, Big Box store cameras in the parking lots, and so on: all for our own good.

All to serve you better. Indeed. To serve humans. This reminds us of the classic 1962 episode of The Twilight Zone TV series To Serve Man, in which an alien race visits Earth claiming to bring "peace and prosperity" via their program "to serve man", which turns out to be a plan to harvest humans as edibles.



We're being consumed, too, by Privatized Totalitarianism, along with our democracy and liberty. Consider the digitization-enabled surveillance of vehicles I touched upon in Driving Big Brother.

As a thought experiment, let's go through getting in your car to attend a community meeting. Our new car is a wonder of technology. Yowza! Unbeknownst to us, much of this digital technology is not visible. Neither are the cameras, drones, etc.

While fiddling with the "entertainment"/audio features, we miss our signal turn, and since there's no other traffic around, we brake hard, pull a quick U-turn and exceed the speed limit to make the meeting on time. The meeting is being held by the Stop Surveillance Now Coalition (SSNC), and it's being held at a public space rented for the evening. We're attending because we're concerned about the steady erosion of privacy and the increasing potential for abuses of power as all this data is sold / distributed without our knowledge or consent.

When one speaker mentions the recent spate of privately installed and operated security cameras being destroyed in "monkey-wrench" fashion, the audience cheers.

The following day, our auto insurance is canceled, the IRS notifies us we're being audited for the first time in our lives, and the FBI pays us a visit regarding sedition, destruction of private property and various other criminal activities. Hmm, why this sudden truckload of punishments, public and private, being heaped on us?

It's all legal, because remember, in a Neofeudal Autocracy, what's moral is what's legal, and what's legal is for sale (per analyst Simons Chase) So it's not just legal, it's also moral and therefore righteous, because, heh, it's for our own good. To serve humans. (Yum, you look like a tasty snack!)

Then there's the marketing onslaught that clutters our inbox as soon as the sun rises. Oh, the irony. Here's an advert for a device that jams Bluetooth, hmm, I wonder why a retailer suddenly sent this to me? Here's an advert from a tax service that specializes in dealing with IRS audits. Well, that's certainly timely, eh?

Experts warn 2.2 million cars could be at risk of hijacking via Bluetooth (via John D.)

Correspondent Christopher M. left a succinct public comment on Medium that describes a key dynamic in the seemingly hopeless task of limiting not just data harvesting and surveillance but the distribution of the data being harvested to the highest bidders in the auction of Privatized Totalitarianism:

"There's no organized, sustaining, citizen movement powerful enough to push back against the relentless "gravitational pull" of government apparatchiks and corporate interests to monitor and direct every aspect of our lives."

Well said, Christopher, thank you. The boiled-frog analogy comes to mind, along with the herd milling around in the corral, each believing they're free-range.

As I noted in AI Is the Apex of Ultra-Processed Life,

Privatized totalitarianism expands without limits: our data is harvested and sold (you "opted in" by using the platform), we're banned or shadow-banned by black-box-algorithmic private monopolies (you violated the shape-shifting "community standards" that have remarkable overlap with whatever the government is presenting as "the correct choice"), and all this is presented--cue the laugh track--as "free market capitalism" and "individual choice" when it's actually a Kafkaesque facade masking the reality that the entire system is the opposite of what's being sold: it's not authentic, it's fake. It's not progress, it's Anti-Progress. It's not beneficial to us, it's malefic, and it's not actual agency-liberty, it's a profitable simulation that we sense but can't quite identify because it's everywhere.

So here's the corral labeled "free and open debate." Just don't stray or you'll find yourself shadow-banned or worse. Not by the government--they have their own means (welcome to Digital Siberia)--but by the Privatized Totalitarianism of privately owned and operated corporate platforms whose extraction and exploitation is legal--and for sale to the highest bidder.



One wonders if we have the collective will to say Get the Flock Out of Here. Sadly, even living on a remote island isn't a solution:




My book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free)


Become a $3/month patron of my work via patreon.com

Subscribe to my Substack for free

---

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Mike ($70), for your superbly generous subscription to this site -- I am greatly honored by your support and readership.		Thank you, Bob C. ($70), for your marvelously generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Richard G. ($70), for your massively generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Branden T. ($70), for your splendidly generous subscription to this site -- I am greatly honored by your support and readership.

Read more...

Driving Big Brother

Big Brother is now slouching in the passenger seat, making a mockery of ownership, right to repair and our agency.

Buyers of new vehicles have an odious passenger they are powerless to eject: Big Brother is now slouching in the passenger seat, making a mockery of ownership, right to repair and our agency--control of our lives and what we nominally own.

This is of a piece with the global emergence of Neofeudal Autocracies that supersede all the obsolete ideological divisions--left and right, "capitalist" and "socialist," etc.--that we're constantly bludgeoned with to keep us distracted from the oh-so-profitable immiseration of our daily lives and agency via a remorseless dialing down of quality, durability and true choice and a relentless dialing up of Big Brother schemes of extraction and extortion: what I call the Mafia Economy of privatized Totalitarianism:

What's the difference between a totalitarian autocracy of "free market" corporations and billionaires and a totalitarian autocracy of Party Insiders? There is none. In both cases, a delusional fantasy--"free market capitalism" on the one hand, and "egalitarian Communism" on the other--are deployed as inspirational cover stories for totalitarian control mechanisms being passed off as "Progress," with technology being the cudgel used to beat us into submission.

A correspondent neatly summarized this centralized-autocratic global tightening of control:

"What we see is a Government legislating our agency into the history books and doing a persistent job of turning average people back into Serfs. The regulation burden that prevents people from doing productive things that are good for themselves, their families and the communities they live in is getting more and more crushing by the month."

Which brings us to the odious backseat driver in every new vehicle: Big Brother in all his "for your own good" manifestations that just so happen to generate we-can't-escape profit streams for the Mafia-Economy corporations and the politicians they're enriching via the 24/7 auction of political influence.

Mechanic Sends Huge Warning: Don't Buy New Vehicles in 2026. (16:50 min)

Then there's the inexorable clawbacks of the right to repair as owners are being forced to use dealerships for simple repairs and computer re-programming at exorbitant costs.

The Biggest repair scam in todays Auto repair! You need to Hear this. (21:43 min)

An expanding number of young people are waking up and seeking to own older cars, as part of a larger movement to own analog rather than Big Brother digital.

Old Cars and The Analog Resistance (11:53 min)

States are starting to pass pernicious emission-control laws that end up preventing the driving of older vehicles.

The New Laws That Can Make Your Classic Car Illegal to Drive (10:05 min)

Since we own a 1998 Honda Civic, I have skin in this game. This is a 28-year old car. I can report that our original but well-maintained CVCC engine easily passes smog checks.

Isn't it obvious what's going on? Big Brother not only wants to monitor your vehicle and force you to pay stupidly overpriced repair and maintenance costs, he also wants to force us to junk our perfectly functional old vehicles so we're forced to buy stupidly overpriced crapified, loaded-with-Big-Brother vehicles.

There's no hiding from Big Brother. Even poor Gilligan on his remote island is affected.



And we all know how reliable digital devices that need constant reprogramming are:



And of course there are now AI control features, too:



Thank you, S.T. for the topic suggestion.


My book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free)


Become a $3/month patron of my work via patreon.com

Subscribe to my Substack for free

---

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Richard M. ($100), for your outrageously generous subscription to this site -- I am greatly honored by your support and readership.		Thank you, Eric R.T. ($70), for your marvelously generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Paola D. ($70), for your massively generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Michael E. ($70), for your splendidly generous subscription to this site -- I am greatly honored by your support and readership.

Read more...

Who Will Solve Our Real Problem--The US is a Neofeudal Autocracy

So who will solve our real problem: the centralization of wealth and power in a Neofeudal Autocracy?

My essay on America's ten social classes was the appetizer to the main course: beneath the purposefully distracting PR of "democracy" and "free markets," America is a Neofeudal Autocracy, i.e. a system in which real power, control and wealth are concentrated in the hands of the few at the top of a complex neofeudal arrangement of a secular nobility ruling the commoners with monopolistic powers cloaked in the sleight of hand of "democracy" and "free markets" serving up endless dollops of "Progress" and "prosperity."

The Conflicts Brewing in America's Ten Classes

The key to autocratic / totalitarian arrangements is the concentration of power via centralization of control / power. This centralization is not unique to governments; it works just as well in the private sector--the privatized totalitarianism of corporate monopolies and cartels--and in organizations ranging from religious orders to sports.

Centralization has positive and negative features. Centralizing control enables efficiencies and obedience--militaries and global corporations being examples--but it also enables a handful of self-serving incompetents to destabilize vast systems, and the straightforward replacement of the ruling elite with a new elite, as outlined in Edward Luttwak's classic guide Coup d'Etat: A Practical Handbook (1968).

This makes autocratic / totalitarian arrangements tempting targets for overthrow, and fuels the paranoia and palace intrigues that come with highly centralized regimes. In other words, the stability of such structures is illusory.

Behind the happy-story narrative of "efficiencies," the real purpose of autocratic / totalitarian arrangements is to eliminate transparency and accountability so those at the top and the insider-lackeys who serve them can maximize their private gains behind the moats and complexity thickets of centralized power.

The other way to replace autocratic / totalitarian arrangements is the citizenry concludes their interests are no longer being served by the bread and circuses the regime distributes to co-opt and distract the exploited commoners.

Alternatively, in repressive regimes that rely on coercion, the commoners must find sufficient common cause with other classes to rise up as a mass movement that overwhelms the regime's coercive forces.

I summarize such social movements in this way: one by one, people decide that what was previously acceptable is no longer acceptable. That sounds simple, but it's not.

My essay on America's ten social classes sets the stage for a real problem-real solution discussion:

1. The real problem isn't who's currently holding the reins of power: the centralization of power is the core problem. Playing musical chairs--"democracy" swapping out who sits in which chair--won't solve the real problem, which is centralization.

Call it "socialist" or "capitalist," in either case you're missing the point: the choice is between centralization of control and power (i.e. Neofeudal Autocracy) or the radical decentralization of control and power, which translates into the radical decentralization of ownership, capital and agency.

2. Spewing endless paeans to "free market capitalism" in a economy dominated by privatized totalitarian monopolies and cartels won't solve the real problem--centralization of wealth and power--either. The wealth and power that's supposedly held by commoners is counterfeit, illusory, phantom: the "wealth" is an illusory artifact of serial credit-asset bubbles fueled by a relentless expansion of credit "money" chasing tangible assets, not by increases in utility.

The "power" to replace Tweedledum with Tweedle-dummer won't solve the real problem, which is the concentration of power and control, not who's currently holding the levers of power.

The phrase golden handcuffs is bandied about to describe the servitude / loss of agency that is a trademark of neofeudal systems. In classic feudalism, the commoners are bound by law to the estates of the nobility. In neofeudalism, you can't move because you have a 3% mortgage on your house you can't afford to give up, and you can't change careers because you can't afford to lose the healthcare insurance provided by your current employer.

These aren't golden handcuffs; they're gold-painted leg-irons, chains whose ersatz "value" is an artifact of a corrupt, exploitive Neofeudal Autocracy. Control what's affordable, what's "necessary to get ahead" (credentials), healthcare and lower-cost credit, and voila, you no longer need the legal niceties of direct servitude: indirect servitude works even better because it fosters illusions of power, wealth and agency.

So who will solve our real problem: the centralization of wealth and power in a Neofeudal Autocracy? The only source of a solution is the mass of powerless commoners who currently buy into the notion that the system is still serving their interests, or they're frozen by fear of losing what they have.

In other words, we'll lose everything if the truth comes out. This perverse state of denial and fear is the trademark of neofeudalism, in which those who have already lost power and agency now cling to a corrupt, unstable Neofeudal Autocracy because a real solution--radical decentralization, transparency, accountability, competition, agency--would collapse the putrid credit-asset bubbles propping up the illusions of "Progress" and "prosperity."

We've already lost everything of real value and can only regain them if the truth comes out. Each class has cut a deal with the devil, i.e. the Neofeudal Autocracy: I've got X-Y-Z--a low-interest-rate mortgage, healthcare insurance, some form of state-funded welfare, either subsidies for the rich or subsidies for the poor, or subsidies for everyone in between--and I have job security serving one fiefdom or another: either an extractive, venal corporation or an extractive, venal state.

One of the primary points of my essay was to highlight how each class lives in a completely different world than those above it. We're accustomed to regional and cultural diversity in the US. Life in one place is quite different than life in another place.

But amidst this dizzying diversity, we share some common interests: air, water, soil and food that isn't poisoned, a level playing field for every citizen, not of outcomes, but of opportunity, agency and freedom of movement, and a decentralized structure in which transparency and accountability cannot be extinguished to serve the interests of those at the top and their willing insider-lackeys.

Nothing will change until the various social classes find common cause in the most basic fundamentals: rather than fear that the truth will come out because we'll lose everything if it does, we accept the hard truth that we've already lost everything of value by accepting the hidden servitude and obfuscation of Neofeudal Autocracy.

Rather than fear the truth, we must come around to realizing embracing the truth is our only real path to restoring what's been lost to centralization and the concentration of wealth and power that comes with it.

Credit-asset bubbles concentrate wealth and power via concentrating capital which then buys political power. All this "wealth" is illusory. The power is real.



As for "AI will save us"--ahem... oops, AI is just another tool of our Neofeudal Autocracy:




NEW PODCASTS: Charles Hugh Smith on the Risks, Costs and Uses of AI (31:28 min)(host Richard Bonugli)

The Government Created an Ultra-Processed Economy--and It's Destroying America (1:04 min)(host Daniel Horowitz)


My book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free)


Become a $3/month patron of my work via patreon.com

Subscribe to my Substack for free

---

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Ben ($70), for your superb generous subscription to this site -- I am greatly honored by your support and readership.		Thank you, John L. ($7/month), for your marvelously generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, Dean ($7/month), for your massively generous subscription to this site -- I am greatly honored by your support and readership.

Thank you, James ($7/month), for your splendidly generous subscription to this site -- I am greatly honored by your support and readership.

Read more...