Podcasts about Feudalism

Much has been made of Trump dispatching his son-in-law, Jared Kushner, for high-stakes diplomatic missions to solve conflicts across the world, but what do we know of the rest of the Kushner family?   Jared's father, Charles Kushner, is now ambassador to France, pardoned by Trump after a criminal conviction that included tax violations and witness tampering. And his younger brother, Josh Kushner, quietly bought an NBA team after a bruising, aborted deal to sell off pieces of the World Cup earlier this year.Geraldine Doogue and Latika Bourke go roaming through the Kushner story with investigative journalist and author Andrea Bernstein.She traces it from the family's escape from the Nazis in Poland, through Charles Kushner's spectacular fall, to Jared's current role as a "special government employee" operating with none of the disclosure obligations that usually apply in Washington.Bernstein's verdict: the US isn't drifting toward oligarchy anymore. It already is one. Guest: Andrew Bernstein, investigative journalist and author of American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power.Get in touch:We'd love to hear from you! Email us at global.roaming@abc.net.auFind all the episodes of Global Roaming now via the ABC Listen App or wherever you get your podcasts. 

Keith welcomes back macroeconomist Richard Duncan of Macro Watch to examine where mortgage rates are headed and what's driving them there.  Duncan explains how the U.S. shifted from capitalism to what he calls "creditism" after the dollar left gold in 1971, and why today's AI investment boom, rising defense spending, and a $40 trillion national debt are all pointing inflation and interest rates in the same direction.  He also makes the case for rental property on land as a long-term inflation hedge, and answers a question many have asked: if the government can print currency, why does it collect taxes?  Episode Page: GetRichEducation.com/623 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host Keith Weinhold. You're going to get a good idea of where future mortgage rates are headed as we're talking to one of the world's most brilliant macroeconomists today. Will AI be more inflationary or deflationary? And the profundity of how we're on the brink of moving into a completely new economic system today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. In September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Home Buyers, the largest turnkey company in Memphis with more than 6000 homes under management, for a free live webinar the likes of which I've never done before. We're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth again. that september 30. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth.   Speaker 1  1:34   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  1:50   Welcome to GRE from Lancaster, Pennsylvania, to Lancaster, California, and across 188 nations worldwide. I'm Keith Weinhold. You're listening to Get Rich Education, and I really appreciate that you're here. Yes, those two cities, though spelled the same, are pronounced differently. Framing this entire episode today with our brilliant guest, you'll learn which direction future mortgage rates are probably going to move, and it's decidedly either going to be higher or lower. You'll get a clear answer. Now I've said that trying to predict mortgage rates definitively is foolish. We're only talking about probabilities today. Look, have you ever wondered if the government can just print its own currency? Then why do they have to collect taxes from us. We're going to get that answer today. Back in 1971, the U.S. economy left a system of capitalism, in fact, and embarked on a journey of creditism as defined by today's guest. Well, now we're about to leave creditism. You'll learn what is poised to replace it, and it is an AI-fueled answer. You know, to prep you with some context today, I've said it here before. But when you start talking about the enormity of a national economy, the words billion and trillion start to get thrown around a lot. A trillion seconds ago, you know how long ago that was. That takes you further back than the Roman Empire, because a trillion seconds is 31,700 years. Well, 31,700 years ago, that is just about as far back as when the plains of Europe were being roamed by Neanderthals. Yeah, that was a trillion seconds ago. Coming up on the show here, the man who wrote the book on the Pareto principle 30 years ago. That's the 80-20 principle, where 20% of your effort yields 80% of the results. We'll talk to him and learn how those insights can improve your life on a different upcoming episode.   Keith Weinhold  4:08   Here, the book Rich Dad Poor Dad was originally written by two authors. One of those two was Robert Kiyosaki. We had Kiyosaki on the show here with us in June, and by the way, the New York Post recently wrote an article, and they cited the Get Rich Education podcast in how Kiyosaki revealed on the show here that he is 1.2 billion dollars in debt. You can find that in the September 1st edition of the New York Post. That's the June 1st episode of the Get Rich Education podcast that they're citing. Well, a lot of people they don't know who the other author of Rich Dad Poor Dad is, but we're going to have her here with us on the show soon. So some really fascinating episodes coming up. Let's meet today's guest. Returning this week is one of the foremost macroeconomic minds in the world. He was this show's first ever guest nearly 12 years ago on episode seven. A prolific author, he publishes the popular video series Macro Watch at RichardDuncaneconomics.com, and he's really influential. For example, not long ago, he presented his economic policy proposals to congressional members of the House Ways and Means Committee. Hey, it's a warm Get Rich Education. Welcome back to the incomparable Richard Duncan.   Richard Duncan  5:39   Thank you, Keith. Thank you for having me back on.   Keith Weinhold  5:42   I don't know if you and the audience are ready for this. This is some perspective. It recently made news when the U.S. hit its national public debt milestone of $40 trillion. When Richard made his GRE debut here in November of 2014, it was $18 trillion. That national debt has more than doubled since you were first here, Richard.   Richard Duncan  6:07   That's right. The government has been playing probably the leading role in keeping the economy growing, and a couple of times since then has played the sole role in preventing a new Great Depression in the aftermath of the crisis of 2008 and during COVID, it's the massive government budget deficits, often more than a trillion dollars a year. Last couple of years, it's been 1.8 trillion dollars. That's been driving the economy, and whenever it needs some additional support, the Fed steps in and creates a few trillion dollars here and there, and combined they've been keeping the economy growing and, in fact, booming. And wealth has absolutely exploded as a result of the government spending and the Fed money creation. In 2008, the total wealth of all the Americans net worth $60 trillion. Now, it's tripled to $180 trillion. That that is a direct result of the government's intervention through budget deficits and paper money creation by the Fed.   Keith Weinhold  7:14   I will call that the world's least desirable investment portfolio minus 40 t. That is one way to think about it, but when you bring up interventionism, you know something I shared with the audience about a month ago, Richard. It is just remarkable to think about all the crises we've had just since 2020. We had COVID, we had Russia's invasion of Ukraine, we had Israel, Gaza. We had tariffs. Now we've got the war in Iran, and what is the result of all this? Largely due to government interventionism. Oh, both the stock market and real estate market in the U.S. are near all-time highs.   Richard Duncan  7:54   Who would have imagined? But things work very differently now than they did in the old days when money was backed by gold, and the Fed and the government played a much smaller role in the economy. It's a different world now. That was capitalism. This is creditism. Our new economic system is driven by credit growth, and whenever necessary, the government steps in with massive budget deficits, and the Fed steps in with massive money creation to make sure that credit keeps expanding and the economy keeps growing, because if credit doesn't keep expanding, if it even dips a little bit like it started to in 2009, then the whole bubble implodes and we repeat the 1930s Great Depression, probably followed by what happened in the 1940s.   Keith Weinhold  8:39   This is interesting. When you were first here 12 years ago. You talked about how society isn't so much capitalism that it's creditism, and you expounded on that. And before we're done, I know that we have now morphed into a new ism, post-creditism that Richard is going to share with us, it's fascinating. But Richard, since you were last here, the Iran War is new. It's been going on for over six months now. So I'd like to get your thoughts on that, and principally, if the Iran War is going to create lasting inflation or only a temporary energy spike. What are your thoughts?   Richard Duncan  9:20   Let's broaden this out. I know that your listeners are very interested in in real estate, and of course that's very impacted by interest rates. And interest rates are impacted, of course, primarily by inflation. So it is true that the Iran war is pushing up energy prices, and that's pushing up inflation. It's not just Iran alone. Before that, we had trade tariffs, and that's pushing up inflation. And on top of that, we've simultaneously got this extraordinary AI investment boom, and the investment by the hyperscalers is just mind-boggling. The four biggest hyperscalers-Amazon, Alphabet, Microsoft, and Meta-they're expected just the four of them to invest something close to $750 billion this year. 750 billion, just four of them. Now, to put that into perspective, the U.S. military, in one year, the most recent year, only spends half that much on procurement and research and development, roughly 320 billion. You've got these four hyperscalers spending twice as much as the U.S. military does on procurement and research and development. That is just hard to wrap your mind around, and of course, that's pushing up everything from the cost of memory chips to electrical equipment, the cost of electricity itself, power generation equipment, and all the kinds of materials that go into building data centers. So that's another source of inflation. And then there is this wealth effect that I just referred to a minute ago. Wealth has tripled from $60 trillion to $180 trillion since 2008. All that wealth is giving a lot of rich people a lot of money to spend on a very large scale, and that also is inflationary. So all of those things are inflationary, and none of them seem to be going away in the immediate future. Now, on top of that, the inflation is not the only thing that is affecting the interest rates. Other things are affecting the interest rates as well. For instance, the budget deficit this year looks like the U.S. budget deficit is going to be quite close to $2 trillion. So that will be $2 trillion of government borrowing, and this doesn't look like it's going to go down anytime soon either. President Trump is requesting $1.5 trillion for the total defense budget in fiscal year 2027, which starts in October. That's up from just $900 billion in fiscal year 2025, so that's a huge increase in military spending, which makes the percent-   Keith Weinhold  9:20   Increase plus, y   Richard Duncan  10:52   Going to keep growing, and that spending will be inflationary as well. But so the government is going to have to borrow, so the demand for money from the government is enormous, and as I've just mentioned, because of the AI boon, the hyperscalers and many of the other companies in the AI industry or related to the AI industry, they're also tapping the bond market on a very large scale. So demand for borrowing from these AI-related companies, the demand is pushing up interest rates. This is not directly related to inflation, so you've got a lot of demand for borrowing from the government and from the private sector related to artificial intelligence primarily. So that's on the demand side for money, and on the supply side, well, the United States is not making a lot of new friends these days. We seem to be losing friends pretty quickly, and many of the people who were very enthusiastic about buying American government bonds in the past are becoming increasingly reluctant to do so. Most of them still are. Most of them don't really have any viable options, but on the margin, there are fewer friendly buyers of our debt, and so fewer people willing to buy the debt also puts upward pressure on U.S. interest rates. So recently, the 30-year U.S. government bond hit a 19-year high at 5.33% That's a very high number, and this has spooked the Treasury Department. Treasury Secretary Besant has begun doing some very unusual things that suggest that he's very concerned. He has helped stop the yen from weakening by selling some euros that the U.S. government owned and buying yen. He did this to make the yen stronger, and this meant that Japan wouldn't have to sell its U.S. government bonds in order to have dollars to use to buy yen to make the yen stronger. So that was a strange move.   Richard Duncan  9:20   And then more recently, he's announced that the Treasury Department is going to start buying twice as many long-dated bonds as it has been doing. Each operation now, the Treasury Department has been buying $2 billion worth of bonds at the long end and financing it with short-term borrowing. So borrowing at the short end, the say two-year bonds, which have a much lower interest rate, and using that money to buy 10 or 30-year bonds that have a higher interest rate, in order to push up the bond prices and push down the bond yields at the long end, to try to hold down the 30-year bond yield and the 10-year bond yield, which of course directly affects the mortgage. This is beginning to seem like there's some degree of, well, let's call it perhaps not panic, but deep concern in the Treasury about how high interest rates in the U.S. are going, and just moving forward with this idea, all of these pressures, the inflationary pressures are not likely to go away anytime soon. The demand for borrowing is not going to go away anytime soon. So there's going to continue to be this upward pressure on interest rates. And I think ultimately, what we are going to see is another big round of quantitative easing from the Fed. The Fed is going to have to step back in and announce that it's going to create a great deal of money one more time, and use that money that it creates to buy government bonds to push up their price and to drive down their yield. And we shouldn't forget that already the Fed is currently printing, creating money. It launched a new program. What is it called? Reserve management purchases. This was a program they announced in December last year, where they were just going to create some money and inject bank reserves into the financial system, so that they could manage reserves at a good level, so everyone would have plenty of liquidity. Just since December, they have created $210 billion. This is kind of going under the radar, but $210 billion since December is not an insignificant amount of money.   Richard Duncan  14:49   If the budget deficit this year turns out to be 2 trillion, then that's financing 10% of the government's budget deficit, right? More than 10% So we've already got a significant amount of money creation by the Fed going on currently, and that's not enough to prevent the yields from moving sharply higher. So I think what we're going to get is another much bigger round of quantitative easing in the not too distant future, and that's going to have a lot of ramifications.   Keith Weinhold  17:00   That's a really interesting insight, and Richard, one word keeps popping into my head as we have this discussion. Okay, inflationary pressure correlates with higher interest rates, sure, but how much are these high bond yields, which flow right over to our mortgage rates, a result of an erosion in trust. I'm thinking about trust   Richard Duncan  17:24   to some degree, yes, but not overwhelmingly. The reality is, at the end of the day, there is a certain amount of money in the world that has to be invested somewhere, and that is the most important fact to understand. There is a pool of money; it keeps getting larger, and it has to go somewhere. And U.S. government bonds are considered the safest place for it to go. For instance, the United States has a very large trade deficit with the rest of the world. For the last two years, the current account deficit, which is more or less the trade deficit, has been 1.2 trillion dollars a year. It's easier to understand it as a trade deficit. That's been throwing off 1.2 trillion dollars into the surplus countries. The surplus countries sell things in the United States, countries like China and Vietnam and all the others. They sell things in the United States that they make at home. They get paid in dollars. They take their dollars back home to China and Vietnam and all the other countries, and what do they do with the dollars? They own dollars. They've got to do something with those dollars. They're getting 1.2 trillion more dollars every year. Now, the thing they do with it primarily is they buy treasury bonds with it, and so there is an inherent and growing demand for treasury bonds. You may be thinking, okay, they could take those dollars and they could convert them into euros. That's true, they could, but whoever they buy the euros from, they then own dollars, and they would need to buy U.S. dollar-denominated assets with them. The main driver behind the buying of Treasury bonds is just the fact that there are so many dollars in the world, an increasing amount of dollars outside the United States that need to be invested in U.S. dollar-denominated assets. People can lose confidence in "quote unquote, but what are they going to do with their dollars? It has to go somewhere, and so it ultimately ends up going round and round, and an enormous amount of it ends up in U.S. Treasury bonds, and that's not going to change so long as the U.S. has a very large trade deficit with the rest of the world. The rest of the world is going to keep accumulating dollars for that reason, and they're going to keep accumulating Treasury bonds for that reason.   Keith Weinhold  19:44   Well, what do these effects mean for real estate, Richard? I mean, which force you think will ultimately win for housing here with this increased inflationary pressure? Is it more of a damaged affordability problem, or do we see rising? Placement costs that continue to help float real estate values up.   Richard Duncan  20:05   Real estate prices, home prices, have not been performing very well over the last year to two. Pretty flat, unlike in prior years, immediately after COVID when they were booming. I suppose that's what we're going to continue to see for some time. If interest rates remain high, the affordability is not there. But if we do get this new round of quantitative easing, which I think is a real possibility, then that will effectively push down the interest rates, making home affordability better. And at the same time, by creating more money, that does push up asset prices across the board. So over the long run, I do believe that real estate is a very good investment, and also it can be a very good investment from the point of view of providing diversity in your portfolio. I'd like to focus in particular on it can be an inflation hedge. So, if you buy a house and use a say a 30-year fixed mortgage, and then we or a 15-year fixed mortgage to pay for a significant part of that purchase, and then we do get inflation, then the inflation eats away your mortgage. Your mortgage evaporates because of the inflation, so in that way you're somewhat protected from the risk of future inflation by having inflation destroys your debt. In other words, so that helps. So I do believe that buying houses, I think rental income is a very good investment, particularly houses on a piece of land buy the house with a fixed rate mortgage. You rent out the house, and over 10 to 15 years, the house pays for itself, and it keeps appreciating in value over time. Decade after decade, it will become increasingly valuable over the long run, and you'll have also a supply cash flow, and you'll have this inflation hedge that I just described. So I think owning rental property that is on land, I'm not so keen on buying condos. There's no limit as to how many condos can be built in the air, but there is a limited amount of land in the world, and so land is as good as gold because if gold goes up; the land will also go up for the same reasons. So I think owning rental property is a very important part of having a broadly diversified portfolio, which is usually the best thing for most people to do to have a broadly diversified investment portfolio.    Keith Weinhold  22:37   Yeah, in this era of both war and increased interventionism, yeah, we still have a resource here, real estate that is scarce, that is necessary, and is built with this basket of goods and commodities constituting that replacement cost.   Richard Duncan  22:53   I agree.   Keith Weinhold  22:55   Well, Richard and I have a lot more to talk about when we come back, including what phase of the economy that we're in post-creditism and a lot more. You're listening to Get Rich Education. Our guest is the publisher of Macro Watch, Richard Duncan. I'm your host, Keith Weinhold.   Keith Weinhold  23:12   What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge while it's on your mind. Start at ridgelendinggroup.com. That's ridgelendinggroup.com. Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. In full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call, or text family 266866. That's family 266866.   Robert Helms  24:44   Hey everybody, it's Robert Helms of the Real Estate Guys Radio Program. So glad you found Keith Weinhold and Get Rich Education. Don't play your daydream.   Keith Weinhold  25:04   Welcome back to Get Rich Education. I'm your host Keith Weinhold. We're talking with Richard Duncan. Check out him and his work at RichardDuncanEconomics.com. So much interesting stuff has happened in the macroeconomic world since we last had him here with the Iran War, with the AI arms race heating up, and with hitting that milestone of $40 trillion in total public national debt. Which, by the way, that $40 trillion-that is more than the combined debt of Germany, Japan, France, Italy, the UK, and Canada. That's basically the entire rest of the G7 just to try to get your head wrapped around that $40 trillion number, and you know, Richard, when it comes to the government, their income and their expenses and their assets in their debt, some wonder, including me, if the government can just print its own currency, then why must they collect taxes from us?   Richard Duncan  26:04   Okay, well, to understand the answer to that question, it's necessary to understand that it wasn't always possible for the government to print its own currency. Up until 1968, 1971, the Fed was legally required to back the dollars it created with gold, and the United States had the obligation to allow other countries to convert the dollars they accumulated into U.S. gold. So up until then, that wasn't a possibility for the government to finance its spending by money printing. And so, over the centuries that preceded, the government would tax the people to obtain the money that it needs for spending. So imagine today: here we are. The government now is spending about $7 trillion a year, and its tax revenues are about $5 trillion a year. So if it suddenly said, "Okay, we're not going to tax anyone anymore, that would mean that people would have an extra $5 trillion to spend, and if the people started spending $5 trillion, we would have hyperinflation, because there's only a limited amount of industrial capacity in the United States, or even in the world for that matter. It couldn't absorb a $5 trillion of additional spending from households and businesses, so it's not that they can't technically create the money as much money as they want to pay for everything they want. The constraint is not money creation technically; it's the inflation that it would produce if they just stopped taxing everyone and just created money instead. So that's the reason they can't.   Keith Weinhold  27:46   Just slowly taper it away and give people some income tax relief. Why can't they do that?   Richard Duncan  27:52   Well, that's what they've been doing. Taxes are far lower now than they were under when President Reagan took office, and that's one of the reasons we have $40 trillion in debt.   Keith Weinhold  28:03   Okay, but that is how the income and expenses look on an annual basis, right, Richard? This is how I think of it. Like the United States basically has 5 trillion in annual income, much of it from personal tax collection, and 7 trillion in annual expenses. That's how we get to the annual deficit of about 2 trillion, which rolls into that $40 trillion of overall debt.   Richard Duncan  28:30   That's right. What you said is correct. But we would have much more than $5 trillion income from taxes had the government not reduced the tax rate so often and so radically, starting in the early 1980s under President Reagan, if taxes hadn't been cut so sharply, we wouldn't have a two-trillion-dollar budget deficit, $40 trillion of government debt. So they've already been tapering the amount that they tax by cutting tax rates very sharply over the last decades,   Keith Weinhold  29:02   I guess a lot of people, admittedly me included, haven't been thinking about it that way. Maybe because it's painful, and I do write checks to the IRS. But when we talk about this propensity for continued inflation, one component of this is what's happening with the AI arms race, and I know you've looked at this closely. You know, because one thing I think about is, well, wait, will the AI arms race actually be deflationary over time because it lowers production costs and makes us more efficient, or is it going to be inflationary because it requires enormous capital and electricity and infrastructure in the building of these data centers. So you know I can see it going either way with the AI arms race, inflationary or deflationary. But since you studied it a lot, including talking about it on macrowatch, tell us more about the AI arms race and what this all means, Richard.   Richard Duncan  29:59   So yes. On your point that you just made, in the short term, it looks like the AI boom is going to be inflationary. Yeah, it's driving up electricity prices, land prices, and all of the things that we discussed before. Everything that goes into making artificial intelligence intelligence, including memory chips, which drive up the cost of your iPhone and iPad. So it's inflationary in the short run, but over the long run, it could probably and probably will be quite disinflationary or even deflationary. I think that's several years away. Now, moving on to the next question, the AI arms race. I think it's very helpful to understand the world around us by putting it in the context of how our economic system has evolved since dollars ceased to be backed by gold. 1968, the Fed was no longer required to back dollars with gold. 1971, President Nixon said, "Sorry, Europe, we we said we would let you convert your dollars into gold, but we changed our mind and you can't. So after that, there was no longer any gold backing for the dollar, and here are a list of things that have happened as a result of that change. Our huge trade deficits couldn't have happened if the dollars were backed by gold. The huge budget deficits that we have couldn't have happened. The Fed couldn't have created trillions of dollars through quantitative easing. Inflation rate has fallen from the 1980s, from the the mid teens to well below the Fed's 2% inflation target for most of the last 20 years, and wealth in the United States has exploded, as I mentioned, from 60 trillion to 180 trillion. That wouldn't have happened if dollars had remained backed by gold because credit has exploded. Total debt or total credit, two sides of the same coin. Total debt in the U.S. It's government debt, household debt, corporate debt, Fannie Mae, Freddie Mac debt, all the debt. It first went through $1 trillion in 1960. Now it's 110 trillion. So 110 times increase in my lifetime in total debt. That wouldn't have happened if dollars had remained backed by gold, and because of all of that credit expansion and the massive trade deficits we had with the rest of the world through globalization occurred, and that allowed Asia to industrialize, and Asia wouldn't be industrialized as it is now. China wouldn't be an economic superpower as it is now had dollars remained backed by gold, because it wouldn't have been able to grow through export-led growth. And so, China, instead of looking like it does today, it would look like it did in 1970, basically being a very poor third world country, and globalization has pulled hundreds of millions of people out of poverty.   Richard Duncan  32:47   They would still be in poverty had dollars remained backed by gold. The Soviet Union probably would still be around because the U.S. under President Reagan wouldn't have been able to to spend so much on the military that it bankrupted the Soviet Union trying to keep up with us, and finally, China wouldn't be the national security threat that it's become now because it wouldn't have had a trade surplus and it wouldn't have had any economic growth to speak of for the last 50 years. That's the world that we're living in now. The world we live in now is the direct result of dollars no longer being backed by gold, and to understand the world around us, you have to understand that that's the starting point. Now, coming to your question, this explosion of wealth that has been created under the system that I call creditism-we did have capitalism. It was driven by saving and investment, Capital accumulation, hence capitalism and investment that drove capitalism. That's not how our system works. Our system is driven by credit creation and consumption, and more credit creation and more consumption. That's creditism. It used to be driven by private sector credit growth, but the private sector became too heavily indebted in 2008, and they blew up, and that almost resulted in the complete collapse and bankruptcy of every bank in the United States and probably most of the banks around the world as well. So the government had to step in, and since that time, it's been government borrowing primarily.   Richard Duncan  34:17   This driven creditism and kept credit expanding with the help of the Fed, so this has been the evolution of creditism and has produced extraordinary amounts of wealth. So it's had two consequences that we need to focus in on now. For one, I've mentioned already, it turned China into an economic superpower, which is now on the verge of overtaking us, not just economically, but also technologically and militarily, it's become an extreme national security threat to the United States. But the second thing that has occurred, the creation of all of this wealth has provided the funds that have allowed a. Technological revolution to occur so quickly, this AI revolution that we're now living through, that is the direct result of the ample liquidity that has been created and flowing around the world, originating largely from the Fed's printing press and the government's budget deficits. That's created trillions and trillions and trillions of dollars of wealth that wouldn't have existed otherwise, and that wealth has gone into funding this development of data centers and the technology that's created the artificial intelligence. Now we are experiencing this AI revolution, and it's become quite apparent to everyone that whoever wins the AI arms race is going to rule the world. We're on the verge of machines becoming more intelligent than humans, and then after that point, through self-training and self-improvement, going on 24 hours a day, they're going to become exponentially more intelligent than humans very quickly, so whoever wins this race is going to have dominance of every other country in the world. So, as creditism has evolved, it has created a national security threat in China and has created artificial intelligence. And as a result of the two combined, we now have this artificial intelligence arms race with the United States that must win. That's why President Trump is calling for a 1.5 trillion dollar defense budget.   Richard Duncan  36:30   So this is one of the main themes that MacroWatch has been focused on this year. I've done a series of videos on the new defense spending boom, looking in one video at the traditional titans of defense like Lockheed Martin, RTX, Boeing, in another video looking at the new up-and-coming Silicon Valley challengers in the defense industry, companies like Andrel, Palantir, and most important of all, SpaceX. This is now the driving force in the economy. the The absolute necessity of winning this AI arms race is going to require much greater government spending on the military, and it's going to require what we're seeing extraordinary amounts of money being invested in developing artificial intelligence because whoever gets there first wins, and whoever doesn't is going to be subjugated by the winner. So that's where we are. So that brings us up to we've been discussing the change from capitalism into creditism, and we've seen how creditism has evolved from being first driven by private sector credit to later being driven by government sector borrowing and spending, now leading to this AI arms race, which I think we're now moving toward a different kind of economic system beyond creditism. So let me back up just a minute and say that economic systems are best defined by the constraints that limit what they can do. So we've been talking about capitalism. Capitalism's main constraint was the requirement that money be backed by gold, and when that constraint, when that gold-backed money constraint was removed, the constraint was gone. The economic system evolved into a different kind of economic system. Creditism has created extraordinary amounts of wealth and growth since early 1970s. This is not the first time economic systems have evolved. If you look back through history, there have been many different kinds of economic systems. They've all been defined by the constraints that binded what they could do. If you go back to hunter-gatherer economic system, that economic system was constrained because the people didn't have tools for cultivation or any way to store the food that they created for long-term storage, but once they developed that those tools and the ability to store food, those constraints were removed and they evolved into a different kind of economic system. Ultimately, into feudalism. Feudalism was an economic system that was constrained by very poor roads, so there was very little transportation. There were no banks, so no banking system or credit, and there was very limited legal social mobility.   Richard Duncan  39:28   But eventually, cities developed, and because of cities, trade flourished, and that removed the constraints that had defined feudalism. Okay, so fast forward, capitalism was constrained by gold-backed money. When gold was removed, we moved into creditism. Now here we are in creditism, late-stage creditism, and we're seeing this phenomenal expansion of artificial intelligence. So every economic system throughout history has. Had two constraints in common. There have been labor constraints, a limited labor supply, and there has been the constraint of limited human intelligence. We're now, thanks to artificial intelligence, on the verge of removing those two constraints that have limited every economic system up until today, when artificial intelligence is embedded in humanoid robots, that's going to remove the labor constraint. We will no longer have any labor constraint. Robots will be able to produce all the labor and then some that's required. So there goes the labor constraint, and when we hit superintelligence, that's going to remove the constraint of human intelligence that has bound economic systems. So those have been the two primary binding constraints on every economic system so far, and they're just now about to be removed by artificial intelligence. We're moving into a new era without intelligence constraints and without labor constraints, and this is going to radically change everything. When those constraints are removed, creditism is going to evolve into an economic system that's no longer driven by credit creation. It's going to be driven by intelligence creation, knowledge creation, or an explosion of cognition. So I call the new system that we're moving toward cognitism, because rather than being driven by credit as creditism is, it's going to be driven by exponential expansion of intelligence or cognition, and it's probably going to create undreamt of wealth, but it's going to completely change from bottom to top everything about the world and society and social relations that exist today, and that is what we're very quickly moving into over the next 10 to 20 years. That that's where we're going to go, and I believe it deserves a new name. So I've coined the term cognitism to describe this new economic system. The post-creditism world is cognitivism.   Keith Weinhold  42:12   Wow, this is massive. Ever since we met, you talked about creditism, and really, that's the economic system that we live in, not capitalism, so we're on the brink again of moving from creditism into cognitivism, because oftentimes these forces and their change are defined by having the constraints removed, and we're on the brink of removing the labor constraint and the human intelligence restraint from creditism to move us into cognitivism over the next 10 or 20 years. I'm just reviewing what you said as I'm thinking this through, Richard. Talk to us at least a little about what the ramifications are for us, just everyday people and investors with this cognitimism economic system.   Richard Duncan  43:02   It's very difficult to guess what the consequences are going to be. They're going to be not only economic, but they're going to very quickly become political, and the political consequences are difficult to guess how they will play out. But it does look like when robots can do all the manual labor, and machines can do all of the intellectual work on a much more accurately, much more rapidly, much more flawlessly than humans can. There won't be any need for humans to have work unless legislation is in place to ensure that they do, and if they don't have work, then they're going to not have any income. And if they don't have any income, they're going to start being very unhappy, and they're going to start rioting, and governments are going to begin to fall, and we don't know how that's going to play out. So there's going to have to be arrangements made to ensure that people do have enough income to benefit from all of the extraordinary wealth that could be created through limitless labor and limitless intelligence, but to work in a way that can satisfy our wildest dreams and beyond our wildest dreams is going to be a matter of restructuring the political economy, if you will, to ensure that people benefit from this technological revolution that is now speeding up.   Keith Weinhold  44:30   Yeah, I would say all we do know is we don't know and how it's going to turn out. But you know whether it's been tractors replacing horses or whether it's been the advent of the assembly line, or whether it's been the advent of the internet, people always say it's going to destroy net jobs, and historically, it really hasn't.   Richard Duncan  44:53   You're right, but the replacement of horses with automobiles didn't really work out so well for the horses.   Keith Weinhold  45:00   So, is there any way we can think about this in order to stay nimble as investors and everyday people, Richard? As we move into cognitism.   Richard Duncan  45:10   Absolutely, everyone needs to subscribe to Macro Watch, and they'll be able to follow it very closely there as I map it out as it unfolds from month to month.   Keith Weinhold  45:22   They should, and it's fascinating, and you've really been on the cutting edge of that. Tell us more about subscribing to Macro Watch, something that a lot of listeners should be interested in.   Richard Duncan  45:33   So my background is has been in finance. I started working in Hong Kong in 1986 as a securities analyst, I later on became an economist and then a strategist. I worked for the World Bank for a couple of years in Washington. I was the head of global investment strategy in London for ABN AMRO Asset Management. So my background is in finance, and I have spent most of my career living in Asia for the last 40 years, primarily in Asia. Along the way, I've written four books. The first one was the Dollar Crisis back in 2003. The most recent one was The Money Revolution in 2023. So my background is in finance. But 13 years ago, I launched Macro Watch. Macro Watch is a video newsletter. Every couple of weeks, I upload a new video. It's essentially me making a PowerPoint presentation discussing something important happening in the global economy and how that's likely to impact asset prices. So it's essentially become a compendium of the global economy. Essentially, everything that has happened in the last 13 years at the macro level that matters is discussed in these macro watch videos. For instance, there is a complete history of everything the Federal Reserve has done since it was founded in 1913. There is a complete description of government debt from the beginning, the increase in government debt and budget deficits. It explains things like how the Fed actually creates money, what are bank reserves, what is Japanese monetary policy, what is European monetary policy. All the major macroeconomic developments are described there and are available to subscribers every two weeks. They upload a new video, and so if your listeners would like to check it out, my website is richarddunkeneconomics.com. That's richarduneconomics.com, and if they'd like to subscribe, hit the subscribe button. And I'd like to offer everyone a 50% subscription discount.   Keith Weinhold  47:36   Thank you.   Richard Duncan  47:36   They'll be prompted to put in a discount coupon code if they use the discount code GRE, like Get Rich Education, they can subscribe at a 50% discount. They'll find it very affordable, and at the very least, they can sign up for my free blog while they're there, and they can follow my work that way.    Keith Weinhold  47:57   It is fascinating the AI arms race poised to have us completely change economic systems from criticism to cognitism. Richard, is there any last thing that you would like to leave us with? Whether it has something else to do with AI, maybe I didn't think about asking you, or something with the Iran war and the inflation, or anything else in the economy. Any last thought for what we should do or be aware of?   Richard Duncan  48:24   One thing, of course, I think is very important is for everyone to learn to use AI as much as they possibly can. It's easy to use, and it will teach you how to use it. And as we evolve into this new world is going to be crucial to make use of this most important tool humanity has ever had-the ability to use AI. This suddenly gives you access to all the world's knowledge. All you have to do is ask, and it will tell you in a very friendly way. So, by being able to use AI, you'll be in a much better position to survive the transition and prosper in the decade ahead.   Keith Weinhold  49:09   That is an actionable way to stay on top of it, Richard. It's been valuable as always. Thanks so much for coming back onto the show.   Richard Duncan  49:16   Thank you, Keith. I've enjoyed it.   Keith Weinhold  49:24   Yeah, keen insights from Richard as always. Yeah, the U.S. sure has been making enemies the past couple years. That could make other nations less likely to buy our debt, and then in turn, it takes higher interest rates in order to attract bond buyers. Well, that in turn increases mortgage rates. But to some extent, other nations have to buy our debt. Richard says that a bigger round of future QE is a distinct possibility. That is code for money printing. That's clearly. Inflationary, but few seem to know we've already been involved in liquidity operations since last December. Whether that's called QE or something else, it is taking more government spending to keep up with the AI race. That's inflationary too. What about that? When horses were replaced with cars. How did it work out for the horse? I don't know if that made it better or worse for the horse. Maybe horses were out of work, but then they got to live free. Will AI make that very predicament apply to humans? Nobody knows. The economic system will have moved from creditism to cognitism when the economy is no longer driven by credit creation but intelligence creation, from RichardDuncanEconomics.com, you can hit the subscribe to MacroWatch button and enter the discount code GRE for a 50% discount. Just about everything that you heard today is poised to drive mortgage rates higher, not lower. Big thanks to Macro Watch Mastermind Richard Duncan today. Next week it's a more real estate centered show. I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 2  51:21   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.   Keith Weinhold  51:49   The preceding program was brought to you by your home for wealth building, getricheduceducation.com  

Live Sep 5, 2026  | Yaron Brook Show(Season 12, Episode 148)Answering Capitalism's Critics #3: Hasan Piker — “Technofeudalism” | Yaron Brook ShowWatch Now: https://youtube.com/live/HgG_a5U8EfkIf Big Tech is "feudal lords" and workers are "serfs," why can you delete your Facebook account, but a medieval peasant couldn't walk off his lord's land?A famous socialist streamer just told 2 million people that Jeff Bezos "won the lottery" and that Big Tech runs a new "feudalism." He's wrong on both counts — and Yaron will prove it with a 1979 Chinese village, a bag of rice, and one simple question: who actually builds the things you use every day?In episode 3 of "Answering Capitalism's Critics," Yaron breaks down Hasan Piker's viral Breakfast Club interview line by line — his embrace of Yanis Varoufakis's "technofeudalism" thesis, his claim that profit is theft, and his insistence that success is a random lottery ticket. Yaron shows why the profit motive — not government redistribution — is the actual mechanism that turned starving Chinese villages into a country that feeds 1.4 billion people, why homelessness isn't a capitalism problem, and why Europe, for all its wealth, has never produced a YouTube, a PayPal, or a Google. If you've ever heard someone call Elon Musk a "feudal lord," this is the episode that ends that argument for good.

“If you find that you've dug yourself into a hole, the very first thing to do is quit digging.”That old country saying has a newly-urgent relevance to us today, for Big Tech, Big Finance, and Big Government are colluding to dig us into the unfathomable hole of artificial intelligence. All across the country, entire communities are in an uproar as they learn that thousands of massive, billionaire-financed data centers are quietly being approved by their government officials, usurping farmland, local water supplies, and each area's electric grid. Why? So über-rich prigs like Elon Musk and Jeff Bezos can impose their grandiose, zillion-dollar schemes to displace us human workers with super-intelligent bots.What's not to like about that?But wait… there are other major problems, including the sickening drone of gigantic cooling systems in each data center, running non-stop year-round, destroying community tranquility and people's sanity; the sudden rise of global warming emissions caused by data center use of fossil fuels; the creation of easy targets for drone attacks on these sprawling interconnected computer networks; and the wholesale diversion of America's research funding and talent to the private projects of billionaires.Far worse, though, is that AI is the key for Musk, Bezos, and whoever to impose a feudal, fascist, technocratic, rule over the rest of us – all in the name of progress.Maybe we should question this “future” before surrendering to it! To help guide us, New York Times columnist Tressie McMillan Cottom recommends such useful books as “The Nerd Reich,” “Technofeudalism,” and “End Times Fascism” – plus Pope Leo's encyclical letter on AI. Follow Tressie's series on battling Big Tech at JimHightower.com/TMC.Do something!Here are some organizations and coalitions that are fighting this technofascist/feudalist future:* AI Now: An independent research institute providing expert analysis on AI in the public interest* Athena Coalition: Originally focused on fighting Amazon, this huge coalition is taking on AI invasions and data center exploitationJim Hightower's Lowdown is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jimhightower.substack.com/subscribe

“A government of the billionaire class, by the billionaire class, for the billionaire class.” — Bernie Sanders What does it mean when Apple CEO Tim Cook makes a personal donation of $1 million dollars to Donald Trump's inauguration? Or when Disney CEO Bob Iger comes out to virtue signal that the hypercapitalist entertainment corporation reallyContinue reading "“F*** you, pay me.” Welcome to techbros feudalism"

Stewart Alsop sits down with investor and entrepreneur Adnan Hassan on the Crazy Wisdom Podcast to explore his thesis on creating a small state asset class, using evolutionary insights from asteroids, dinosaurs, and mycelium as a framework for understanding resilient systems. Hassan brings his background in Silicon Valley technology, New York and Washington finance, and sovereign funds—including senior leadership roles at the World Bank—to explain why 162 of the world's 200 states are actually small states with populations under 12 million, and why these distributed, autonomous entities might be best positioned to survive the coming global shocks from AI, currency disruption, and the wobbling international order. For more information about Hassan's work, visit www.sac-holding.com (SAC stands for Small State Asset Class), where you can find two-minute videos explaining his approach to building this new financial architecture.Timestamps00:00 Introduction and the asteroid, dinosaur, mycelium thesis as a framework for understanding evolutionary survival patterns across billions of years05:00 Global order institutions are wobbling while currency systems evolve and AI emerges, creating simultaneous shocks that favor adaptable networked systems over large centralized structures10:00 Small states defined as populations under 12 million represent 162 of 200 global economies, contradicting assumptions that most nations are large centralized powers15:00 States behave as selfish entities seeking regulatory control while individuals seek autonomy, creating tension as the Westphalian system undergoes fundamental transformation20:00 Cooperation versus competition in human systems, examining how KYC requirements and state surveillance are expanding globally including in America and Argentina25:00 Small states are most interested in rule-based global order because they need protection from larger powers, unlike powerful nations that prefer unconstrained action30:00 Of the twenty richest countries by per capita GDP, seventeen are small states, yet no small state asset class exists in financial markets35:00 Uncorrelated assets provide diversification protection for investors, while small states offer geographic distribution across Caribbean, Africa, Europe, Gulf, and Pacific regions40:00 Cross-border family business collaboration between small states will increase, leading to knowledge sharing and a proposed Davos for small states event45:00 The individual sits at the core of this framework, with AI enabling creative minds in small places to access world-class resources previously impossible50:00 Demonstration of accessible technology costing only ten dollars shows how AI removes barriers, allowing creativity to become the distinguishing factor for entrepreneurs globallyKey Insights1. Adnan Hassan presents a thesis grounded in billions of years of evolutionary data, arguing that systems which survive major shocks share common characteristics: they are autonomous, networked, cooperative, resilient, and lack single points of failure. He uses the asteroid strike that killed the dinosaurs as his central metaphor, noting that while massive dinosaurs went extinct, smaller organisms like mycelium, ants, bees, and marsupials survived because of their distributed and adaptable nature. Hassan believes we are currently experiencing a similar asteroid-level shock to our global systems through the simultaneous disruption of the rule-based global order, currency systems, and artificial intelligence, all happening at once over the next three to five years.2. Hassan identifies 162 out of 200 global states and economies as small states, defined as having populations under 12 million people. This number surprises most people, including sophisticated observers who typically guess around 60 or 70. Even more striking, 17 of the 20 richest countries by per capita GDP are small states, representing 85 percent of the wealthiest nations. These small states have disproportionate resources to deploy internationally and the greatest interest in maintaining a rule-based global order since they have the most to lose from chaos and cannot rely on size or military power for protection.3. The current global institutional framework established after World War Two, including the UN, IMF, World Bank, and WTO, is fundamentally wobbling and reaching the end of an era. Hassan argues that states are inherently selfish creatures addicted to regulatory sovereignty and control, but the systems designed to give these states structure and credibility are now failing. This represents the first major restructuring of the global order since the post-World War Two period, which itself followed 400 years of colonial systems. The transition period will be characterized by significant chaos and convulsions throughout the global system.4. Hassan advocates for creating a new small states asset class in financial markets, which does not currently exist despite small states representing the majority of countries and the wealthiest per capita economies. This asset class would provide large institutional investors like pension funds and sovereign wealth funds with globally diversified, potentially uncorrelated assets while simultaneously supporting political and economic structures that embody the evolutionary principles of survival through distributed, autonomous, networked cooperation. The small states asset class represents both sound evolutionary strategy and pragmatic investment opportunity.5. Technology without philosophy is efficiency without purpose, a concern Hassan raised as early as 1994 when he helped prototype the first electronic trading market on the internet. He witnessed the naive optimism of Silicon Valley technologists who believed simply throwing tools over the wall would create a better world, but this approach made both good and bad activities more efficient. Social media demonstrated this danger by efficiently creating disruption and loss of trust in political systems. Hassan warns that the same mistake is being made with AI, where powerful tools are being deployed without adequate philosophical framework or consideration of consequences.6. Small states and their leading families will find more common language and shared understanding with each other across geographic boundaries than with larger neighboring states. A family business in Montevideo has an easier conversation with counterparts in Singapore or New Zealand than with businesses in Sao Paulo because small state actors recognize each other's unique realities and circumstances. Hassan plans to create a Davos for small states in 2027 to facilitate this knowledge sharing among the mycelium colony, allowing different nodes to exchange innovations and strategies across the distributed global network of small state actors.7. The optimistic future involves unleashing individual creativity globally by giving people access to AI-enabled tools that provide world-class legal, financial, and consulting advice in their language of choice. The solopreneur can now become a conglomerate, with individuals no longer constrained by lack of access to execution machinery. Hassan envisions young people in places like Gabon, Swaziland, or Uruguay having the same access to sophisticated business infrastructure as those in traditional power centers, with the distinguishing factor being creativity of mind rather than geographic or institutional privilege. Small states can pivot faster on regulatory frameworks, sometimes achieving in a dinner meeting what takes large states three years of legislative, executive, and judicial wrangling.

Episode 4176 │ July 8, 2026 In 2020 the BIS said central banks will have absolute control over your money. Catherine Austin Fitts has spent 30 years mapping what that means. WHAT THIS EPISODE COVERS  Scott Kesterson sits down with Catherine Austin Fitts — former Assistant Secretary of Housing, Wall Street partner, founder of the Solari Report, and one of the most consequential financial analysts of the era — for a full breakdown of her four-quadrant scenario framework mapping the distance between the Republic and high-tech feudalism, the two variables that determine which world we land in — financial transaction freedom versus control, and decentralized versus centralized political power — and the specific legislative guardrail strategy she is running at the state level to stop programmable money from becoming the automated third lock that removes every constitutional protection at the push of a button. The conversation moves through the BIS 2020 declaration of absolute currency control, the terms-and-conditions trap that already allows financial institutions to seize assets without a court order, the smart contract and distributed ledger architecture that makes automated asset seizure technically possible overnight, the data center surveillance buildout ordinary Americans are now recognizing as the infrastructure of their own prison, the open-source AI conflict that Fitts says represents a strategic error by the centralized control faction, and the fractures appearing in elite unity that Scott identifies as the critical window for local action. The episode closes on the only foundation Fitts says survives system implosion — relationships of trust built one person at a time, one county at a time, 3,100 counties across America — and her charge to envision another 250 years of freedom, because freedom always looks hopeless before it wins. KEY QUESTIONS ADDRESSED  What is Catherine Austin Fitts' four-quadrant scenario model — and what are the two variables that determine whether America arrives at the Republic or high-tech feudalism, and what specific legislation is she running at the state level to prevent the latter? What is the automated third lock — and how do distributed ledger technology, programmable money, smart contracts, and 145 pages of buried terms-and-conditions already give financial institutions the legal and technical architecture to seize your assets without a court order or notification? Why does Fitts argue that the currency of the future will be relationships of trust — and what does her 3,100-county strategy, the data center resistance model from La Pine Oregon, and the protection of cash as the ultimate non-programmable option have in common as the only viable path of local sovereign response? ABOUT BARDSFM BardsFM is a daily independent podcast covering faith, liberty, history, and information warfare. Hosted by Scott Kesterson — combat veteran, documentary filmmaker, and rancher. Over 4,100 episodes and 51 million lifetime downloads. New episodes every weekday. bards.fm This episode was researched and produced under the Spatial Terra Intelligence Methodology (STIM v5) — the analytical framework built by Scott Kesterson — with AI-assisted research synthesis at a 70/30 human/AI authorship ratio, fully disclosed. All analysis, conclusions, and editorial judgments are those of Scott Kesterson. BardsFM's faith archive includes hundreds of episodes on prayer, scripture, and walking the Way of Christ — available free in the full episode catalog. AFFILIATE LINKS Bards Nation Health Store: www.bardsnationhealth.com MYPillow promo code: BARDS >> Go to https://www.mypillow.com/bards and use the promo code BARDS or... Call 1-800-975-2939.  EMPShield protect your vehicles and home. Promo code BARDS: Click here Treadlite Broadforks...best garden tool EVER. Promo code BARDS26: TreadliteBroadforks.com EnviroKlenz Air Purification, promo code BARDS to save 10%: www.enviroklenz.com Morning Intro Music Provided by Brian Kahanek: www.briankahanek.com Founders Bible 20% discount code: BARDS >>> TheFoundersBible.com Windblown Media 20% Discount with promo code BARDS: windblownmedia.com White Oak Pastures Grassfed Meats, Get $20 off any order $150 or more. Promo Code BARDS: www.whiteoakpastures.com/BARDS Mission Darkness Faraday Bags and RF Shielding. Promo code BARDS: Click here DONATIONS: If you wish to support this podcast directly you can donate here... DONATE: Click here MAILING ADDRESS: Xpedition Cafe, LLC Attn. Scott Kesterson 591 E Central Ave, #740 Sutherlin, OR  97479

For centuries, power in Europe was measured not by money or elections, but by land, loyalty, and the ability to command armed men. Out of the ruins of the Roman Empire and the chaos of invasion came a system that created castles, knights, peasants, kings, and the medieval world itself. It was a system that was unequal, deeply local, and surprisingly durable. Learn more about the rise and fall of feudalism on this episode of Everything Everywhere Daily. Shop the store at Shop.Everything-Everywhere.com Sponsors Hexclad Get 10% off your order at hexclad.com/DAILY Mint Mobile Save 50% on Unlimited premium wireless plans starting at $15/month at MintMobile.com/EED Quince Go to quince.com/daily for 365-day returns, plus free shipping on your order! DripDrop Go to dripdrop.com and use promo code EVERYTHING for 20% off your first order! Subscribe to the podcast!  https://everything-everywhere.com/everything-everywhere-daily-podcast/ -------------------------------- Executive Producer: Charles Daniel Associate Producers: Austin Oetken & Cameron Kieffer   Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Discord Server: https://discord.gg/Ds7Rx7jvPJ Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/  Disce aliquid novi cotidie Learn more about your ad choices. Visit megaphone.fm/adchoices

Alternate Current Radio Presents - Boiler Room - Learn to protect yourself from predatory mass mediaThe Boiler Room crew returns to explore the accelerating transformation of modern society under what can only be described as a new form of digital feudalism. While governments continue to promise transparency, accountability, and democratic governance, a parallel system of power is emerging through artificial intelligence, surveillance technologies, defense contractors, financial institutions, and the expanding influence of technocratic elites.This week, Hesher is joined by Adam “Ruckus” Clark, Spore, Mark Anderson, and Sam Chaney for a wide-ranging discussion covering AI-generated narratives, massive data center expansion, autonomous weapons systems, and the growing integration of surveillance technologies into everyday life. The crew examines Leonardo's ELSAG SignalTrace platform and its relationship to FLOCK camera networks, raising important questions about privacy, constitutional rights, and the normalization of mass data collection.Additional topics include Peter Thiel's newly exposed secretive dialogue network, Palantir's expanding influence, SpaceX IPO speculation, migration tensions in Europe, Albanian protests, the controversial Lincoln Reflecting Pool renovation project, autonomous drone warfare, and the increasingly blurred line between public governance and private power.The conversation also revisits the long-running issue of U.S.-Israel relations, congressional remarks regarding the USS Liberty, geopolitical tensions surrounding Iran, and the role of media narratives in shaping public perception during times of crisis.As technology, finance, intelligence, and government become increasingly intertwined, are we witnessing the birth of a new empire—one built not on territory, but on data, algorithms, behavioral prediction, and digital control?Tune in for another packed edition of Boiler Room as we connect the dots behind the headlines and examine the systems reshaping the future.Featured TopicsDigital Feudalism and the emerging technocratic orderAnthropic AI and synthetic information ecosystemsSpaceX IPO speculation and financialization trendsData center expansion and strategic infrastructurePeter Thiel's secretive Dialogue networkPalantir and the technocratic eliteFLOCK surveillance systemsLeonardo's ELSAG SignalTrace technologyMass data collection and privacy concernsWorld Cup surveillance infrastructureAutonomous drones and modern warfareDirected-energy weapon systemsTrump, UFC, and political spectacleMigration tensions in Ireland and EuropeAlbanian protests and political legitimacyLincoln Reflecting Pool renovation controversyUSS Liberty discussion and congressional remarksIran tensions and ongoing geopolitical maneuveringDisclosure Day and the evolution of UFO media narratives21WIRE's long-running Maps of Biolabs investigationsWebsite: https://alternatecurrentradio.comSupport: https://alternatecurrentradio.com/support/Merch: https://alternate-current-radio.creator-spring.com/

Big Tech's data center feudalism is triggering a massive land-grab across America — and rural families are paying the price. Today, I expose how data centers, eminent domain, corporate subsidies, and government-backed rezoning are transforming rural America into a techno-feudalist system where ordinary citizens lose land, property rights, and local control.Featuring Georgia homeowner activist Ansley Brown, this interview reveals how families are being forced off their land through transmission line projects tied directly to hyperscale AI data centers. Farms, ranches, and entire communities are being disrupted, while politicians from both parties look the other way. This is bigger than AI — it's about centralized control of land, energy, infrastructure, and ultimately individual freedom. Listen to Ansley's inspiring story and resolve in the ultimate David vs. Goliath fight.  Learn more about your ad choices. Visit megaphone.fm/adchoices

John Lee, CEO of CleanTech Vanadium (OTCQB: CTVFF | TSXV: CTV) thinks a new era of feudalism is upon us, as technocrats merge with the political class to restrict movement, destroy wealth and subjugate the masses. John sees gold, silver, and commodities as the only lifeline in these increasingly dark times and he reveals how a mineral called fluorspar is absolutely vital to the AI-driven future ahead, along with diving into CleanTech Vanadium and the opportunity it presents for investors.CleanTech Vanadium Website: https://cleantechctv.comFollow CleanTech Vanadium on X: https://x.com/CleanTechCTVDisclaimer: Commodity Culture was compensated by CleanTech Vanadium for producing this interview. Jesse Day is not a shareholder of CleanTech Vanadium. Nothing contained in this video is to be construed as investment advice, do your own due diligence.Follow Jesse Day on X: https://x.com/jessebdayCommodity Culture on Youtube: https://youtube.com/c/CommodityCulture

Digital feudalism is a system in which a small number of technology platform owners control the infrastructure that everyone else depends on for economic survival, social participation, and access to information — and extract continuous payment, data, and compliance in exchange for access to that infrastructure. You do not own the land you farm. You rent it from the lord, under his rules, revocable at his discretion. #BardsFM_Morning #DigitalFeudalism #ShapingCompliance Bards Nation Health Store: www.bardsnationhealth.com MYPillow promo code: BARDS >> Go to https://www.mypillow.com/bards and use the promo code BARDS or... Call 1-800-975-2939.  EMPShield protect your vehicles and home. Promo code BARDS: Click here Treadlite Broadforks...best garden tool EVER. Promo code BARDS26: TreadliteBroadforks.com EnviroKlenz Air Purification, promo code BARDS to save 10%: www.enviroklenz.com Morning Intro Music Provided by Brian Kahanek: www.briankahanek.com Founders Bible 20% discount code: BARDS >>> TheFoundersBible.com Windblown Media 20% Discount with promo code BARDS: windblownmedia.com White Oak Pastures Grassfed Meats, Get $20 off any order $150 or more. Promo Code BARDS: www.whiteoakpastures.com/BARDS Mission Darkness Faraday Bags and RF Shielding. Promo code BARDS: Click here If you wish to support this podcast directly you can donate here... DONATE: Click here Mailing Address: Xpedition Cafe, LLC Attn. Scott Kesterson 591 E Central Ave, #740 Sutherlin, OR  97479  

This is a free preview of a paid episode. To hear more, visit groundeddaily.substack.comTonight is the 27th night of Ramadan.By the account of many companions and the opinion of many scholars, the 27th carries the highest probability of being Laylatul Qadr among all the odd nights. There is no guarantee — the Prophet ﷺ told us to hunt through all of the last ten. But if any one night has the strongest case, it is this one.The companions would dress nicely on this night. Apply perfume. Their wives would wonder — where are you going? And they would say: I am welcoming a very important guest. Because after the passing of the Prophet ﷺ, Jibreel only comes to earth once a year — on the night of Al-Qadr. Tanazzalul mala'ikatu warruh. The angels, led by Jibreel, descend.And the Prophet ﷺ said: if your eyes could see, on this night there would not be a single empty space on earth. Every spot, every gap, filled by angels. Recording. Witnessing. Think about that. Every angel comes down tonight — and what they record about you is entirely in your hands.The name Al-Qadr also comes from constriction — qaddara — because the earth, as vast as it is, becomes constricted by the sheer number of angels filling it. And in Surah Dukhan, Allah tells us this is the night when all divine affairs are distributed — the decree for the coming year is announced to the angels. Rizq. Life. Death. The angel of provision gets his list. The angel of death gets his. Every angel receives their assignment for the year ahead.Think of it like budget night — the night before the Prime Minister tables the budget, if you have something to submit, that is the time to submit it. Between the Luh Mahfuz and the angels receiving their instructions, tonight is when our du'a can be most profound. We make our requests before the roster is handed out.This is not a precise theological description of how divine decree works — nothing is comparable to Allah. But it helps us feel the weight of what this night is. Make du'a tonight. Make it seriously. And please — make du'a for me and my family as well.What We Established Last NightWe began the story of Prophet Nuh. He made da'wah for 950 years to the first people in human history to worship idols. The idols started innocently — statues built to commemorate five pious people who had died. Remembrance became veneration. Veneration became worship. Generations passed, the original intent was lost, and what began as tribute ended as shirk.This is why Islam is strict about statues — not children's toys, not Superman figures your kids kick around the room, but the veneration of figures, the careful display of them, the collecting of them. The trajectory has been seen before. It doesn't always end in shirk, but the path that leads there started exactly here. The fiqh rule exists because of history.A paid subscription includes a free digital copy of the Surah Al-A'raf Study Guide and Workbook. Da'wah Without Self-InterestProphet Nuh stood before his people and said: I fear for you the punishment of a great day.Not: I want to be your leader. Not: follow me and I will give you power. Not: I have a new system and it will make us great. He was afraid — for them. His da'wah came entirely from love and concern for the people he was sent to.This is the sunnah of every prophet. And it is the standard for everyone who inherits their work.If you are teaching Islamic studies, running a halaqah, leading a masjid programme — the moment you stop caring about the people in front of you, the moment it becomes about status or position or income, you have lost the plot. In Australia especially, there is almost nothing to gain materially from Islamic work. In Malaysia, a good hafiz leading taraweeh can earn 30,000 ringgit in a month of Ramadan. Here, you are lucky if the costs are covered. Sometimes the teacher pays out of pocket just to keep things running.So why do it? Because you care about the akhirah of the people in front of you. Because you are afraid for them, the same way Prophet Nuh was afraid for his people. That is the only motivation that sustains this work.Al-Mala' — The Elite Always Push BackThe first people to reject Prophet Nuh were al-mala' — the rich and powerful elite of his community.This is not a coincidence. It is a pattern. You will find it in the story of every prophet in the Quran, repeated so consistently that Allah is clearly drawing our attention to it. The rich and powerful elite reject the prophet. Every single time.Why? Because the prophet brings a new system. And the elite benefit from the existing system. They have built their wealth, their influence, their status within the current order — and now someone is standing up and saying: this order is wrong. You are oppressing the weak. You are exploiting the poor. The system you have constructed for your own benefit is not the system Allah approves of.Of course they push back. You are clearly misguided. That was what the mala' of Nuh's people said. It is what every elite says to every prophet who threatens the status quo.Prophet Nuh responded: I am not misguided. I am a messenger from the master of the universe. And I am giving you sincere nasiha.Nasiha — sincere advice. Not paid advice. The Arabic distinction is precise: if you are paid for your advice, you are a mustashar, a consultant. If you give it freely, from care, that is nasiha. The prophets were giving nasiha. Wa ana lakum nasihun amin — a sincere and trustworthy advisor. Unpaid. Uncorrupted. Answerable only to Allah.Feudalism, Communism, and Why Humans Need RevelationThe pattern of al-mala' rejecting the truth is not limited to ancient history. It is the pattern of human political organisation without divine guidance.What did feudalism look like? Kings and courts doing as they pleased. Peasants with no land, no rights, no voice — working someone else's fields for nothing. The system existed entirely to serve those at the top.And what was the extreme human response to feudalism? Marx. Communism. Abolish all class structures. Everyone equal. Everyone paid the same regardless of talent, effort, or contribution.

Good Sunday to you,Geoffrey Chaucer wrote The Canterbury Tales in around 1400, and it is considered one of the first great works of English literature.Try reading it today and you might question the “English” part. Here're the opening lines:Whan that Aprille with his shoures soote,The droghte of March hath perced to the roote,It does not get much easier.Canterbury Tales is the story of group of pilgrims who walk from Southwark to Canterbury Cathedral. I have done the pilgrimage myself and I would urge you to as well. The structure is quite simple. To pass the time, the pilgrims have to a storytelling contest and so each tells his or her tale. There are around thirty pilgrims - in effect, thirty professions, and so we get the Knight's Tale, the Miller's Tale, the Wife of Bath's Tale and so on.Here is the interesting part. Since the story was written in 1400 we have had, off the top of my head, the printing press, the Agricultural Revolution, the Industrial Revolution, steam power, fossil fuels, the internal combustion engine, electricity, aviation, nuclear power, computers, the internet, smartphones and now artificial intelligence.And yet, if you look the list of characters below, every single one of Chaucer's professions still exists in some recognisable form today.You could go all the way back to the dawn of civilisation and argue the same thing. We still have farmers. We still have merchants. We still have lawyers, doctors, religious people, soldiers, landlords, craftsmen, entertainers, administrators and hustlers.AI will change the nature of the job, but it will not erase the underlying human needs that created it.Machines put many farm labourers out of work at the turn of the 19th century, but they also generated enormous productivity, which created new industries and new jobs, and, it's worth noting, productivity which enabled us to be able to ban slavery. The net result was not mass permanent unemployment but rising prosperity.What Actually ChangesWhat does get destroyed is power structure.Feudalism has gone. The Church no longer dominates European politics - not the Christian Church, anyway. Guilds have faded. The landed aristocracy has all but gone. In their place we have the modern State, bureaucracy, multinational banks, global corporations, Big Tech, Big Pharma, the mainstream media and so on.AI is more likely to erode existing hierarchies than to eliminate work altogether. It will compress middle layers. It will reduce friction. It will concentrate power in some places and decentralise it in others.If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I recommend is The Pure Gold Company. More here.The winners are likely to include: platforms, energy producers, owners of scare assets, large scale infrastructure, those who control distribution. AI is already being used in manufacturing, agriculture and mining, but so much to replace jobs as to increase productivity. You can't help feeling the physical economy is a better place to be than parts of the digital - at least for now, though I guess robots are next if those Chinese videos doing the rounds are anything to go by.Who else wins? AI and machine learning engineers, obviously, certain content creators, those who get good at prompting will find it useful for anything from medicine to plumbing to consultancy.The losers will be among those whose job is mainly to control access to or verify information that AI can now do instantly. Think: interpreters and translators, proofreaders and editors, coders, copywriters and journalists, graphic designers, sales reps, basic financial advisors. I think long-distance drivers' days are numbered too.The work doesn't disappear but the pricing power and margins collapse.Legacy media distribution - not the content creators themselves, but the distribution gatekeepers who controlled which creators reached audiences. Publishers who mainly performed filtering rather than editing, talent agencies for routine work, certain music labels.The job may technically exist but the power and economics drain away.Chaucer's Cast, ModernisedFinally, below is Chaucer's professional cross-section of medieval England. I have added approximate modern equivalents.* Narrator – content creator (!)* Host – Event organiser, podcast presenter* Knight – Army officer* Squire – Cadet, trainee officer* Knight's Yeoman – Bodyguard, fixer, executive assistant* Prioress – Headmistress, senior religious leader* Second Nun – Clergy* Nun's Priest – Chaplain* Monk – Monk* Friar – Fundraiser, community organiser* Merchant – Import–export, trader, entrepreneur* Clerk – Researcher* Man of Law – Barrister, judge* Franklin – Wealthy landowner, landlord, businessman* Haberdasher – Fashion retailer, Etsy seller* Carpenter – Builder* Weaver – Textile manufacturer* Dyer – Industrial processor* Tapestry-maker – Textile artisan* Cook – Chef* Shipman – Merchant mariner, sailor* Physician – Doctor* Wife of Bath – Self-made businesswoman* Parson – Parish priest* Plowman – Smallholder farmer* Miller – Construction materials supplier* Manciple – Buyer, procurement officer* Reeve – Estate manager, COO* Summoner – Bailiff, compliance officer* Pardoner – Carbon credit broker* Canon – Serial start-up founder, “entrepreneur'* Canon's Yeoman – Startup engineerThe Real QuestionI think a fear frenzy is being whipped up - and I say this as someone who has lost his primary source of income (voiceovers) to AI.The work changes. The tools change. The leverage changes. The power centres change. The underlying human needs do not.There will still be farmers because people eat. There will still be merchants because people trade. There will still be storytellers because people crave stories. Most importantly of all, there will still be opportunities, if anything there will be more of them.AI will reduce headcount in some sectors. It will elevate productivity so dramatically that fewer people are required to produce more output. That is economic evolution.If you are worried about AI taking your job, ask yourself this: are you positioned inside an old power structure that is about to weaken? Or are you aligned with the next one forming?Join the gang.Until next time,DominicICYMI here is this week's commentaryFinally, Charlie Morris and I appeared on In The Company of Mavericks this week to discuss what's been going on with gold, silver and bitcoin. (Charlie writes Atlas Pulse which I heartily recommend. Get your copy here - it's free.)Links to Spotify and Apple podcasts are here: This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

See more: https://thinkfuture.comConnect with Nick: https://www.trustmadegrowth.com---What if the open internet is already dead—and trust is the real battleground?In this episode of thinkfuture, host Chris Kalaboukis speaks with Nick Richtsmeier, founder of Trust Made Growth, about the collapse of digital trust and the rise of what he calls a techno-feudalist society.Nick argues that today's digital world is dominated by rent-seeking platforms that neurologically overrun users with anxiety, exhaustion, and loneliness—the “Bermuda Triangle of the 21st-century human.” Businesses and creators face a stark choice:- Serve the platforms and become dependent on them- Or build a humanist alternative that restores agency and connectionWe cover:- Why trust is biological—a reptilian-brain function asking, “Will this person harm me?”- How digital platforms undermine that neurological trust signal- The concept of techno-feudalism and algorithmic control- Why AI is a “massive gift” that exposes the fraudulent nature of online interactions- The “dead internet” moment and the end of organic digital discovery- The “noticing meeting” method for rebuilding human connection- The search for the “3.5%” capable of driving social change- A 10-year vision for mercantile-style commerce beyond platform dependencyNick's work is not about building another app. It's about rebuilding trust at a human level—through deep listening, embodied leadership, and communities that prioritize connection over extraction.If you care about AI, digital trust, leadership, platform power, or the future of human connection, this episode will challenge how you see the internet—and your role in it.

Is Amazon a monopoly, or something more? What does Marx tell us about this? We'll discuss!   Check out our new bi-weekly series, "The Crisis Papers" here: https://www.patreon.com/bitterlakepresents/shop Thank you guys again for taking the time to check this out. We appreciate each and everyone of you. If you have the means, and you feel so inclined,   BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH!   Become a patron now https://www.patreon.com/join/BitterLakePresents?   Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!)   THANKS Y'ALL   YouTube: https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg Facebook: https://www.facebook.com/Thisisrevolutionpodcast/ Twitter: @TIRShowOakland Instagram: @thisisrevolutionoakland   Substack: https://jmylesoftir.substack.com/.../the-money-will-roll...   Read Jason Myles in Current Affairs Magazine: https://www.currentaffairs.org/news/donald-trump-is-a-pro-wrestling-villain   Read Jason Myles in Damage Magazine https://damagemag.com/2023/11/07/the-man-who-sold-the-world/

What if the future of America doesn't resemble a democracy — but a modern form of feudalism?In this gripping episode of Built to Divide, Dimitrius Lynch traces a chilling throughline from 19th-century “other-ism” to the emerging architecture of concentrated power shaping today's housing markets, financial systems, and governance models.Beginning with the displacement of Chinese and Japanese laborers and the weaponization of fear for economic gain, the episode reveals how crisis has repeatedly been used to reorganize ownership — transferring land, wealth, and opportunity upward.Then the lens shifts to the present.Faith merges with policy. Technology challenges democracy. Capital consolidates control.From Project 2025 and the modern Religious Right… to technocratic visions backed by Silicon Valley billionaires… to privately governed cities, crypto-finance ecosystems, and institutional ownership of housing — a new hierarchy begins to take shape.This isn't about conspiracy. It's about alignment.As financial power grows increasingly intertwined with political influence, the episode asks a sobering question:Are we witnessing the quiet construction of Feudalism 2.0 — a system where stability is privatized and dependence becomes structural?If housing is the operating system of economic security, what happens when ownership concentrates and access becomes subscription-based?Listen now to understand the forces redrawing the boundaries of belonging — and why the future of housing may depend on whether we recognize the machine before it fully locks into place.Episode Extras - Photos, videos, sources and links to additional content found during research.Episode Credits:Production in collaboration with Gābl MediaWritten & Executive Produced by Dimitrius LynchAudio Engineering and Sound Design by Jeff Alvarez

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

Though the United States has been heralded as a beacon of democracy, many nineteenth-century Americans viewed their nation through the prism of the Old World. What they saw was a racially stratified country that reflected not the ideals of a modern republic but rather the remnants of feudalism. American Dark Age reveals how defenders of racial hierarchy embraced America's resemblance to medieval Europe and tells the stories of the abolitionists who exposed it as a glaring blemish on the national conscience.Against those seeking to maintain what Frederick Douglass called an “aristocracy of the skin,” Keidrick Roy shows how a group of Black thinkers, including Frances Ellen Watkins Harper, Hosea Easton, and Harriet Jacobs, challenged the medievalism in their midst—and transformed the nation's founding liberal tradition. He demonstrates how they drew on spiritual insight, Enlightenment thought, and a homegrown political philosophy that gave expression to their experiences at the bottom of the American social order. Roy sheds new light on how Black abolitionist writers and activists worked to eradicate the pernicious ideology of racial feudalism from American liberalism and renew the country's commitment to values such as individual liberty, social progress, and egalitarianism.American Dark Age reveals how the antebellum Black liberal tradition holds vital lessons for us today as hate groups continue to align themselves with fantasies of a medieval past and openly call for a return of all-powerful monarchs, aristocrats, and nobles who rule by virtue of their race. Keidrick Roy is Assistant Professor of Government at Dartmouth College. He has received national attention through media outlets such as CBS News Sunday Morning and the Chicago Review of Books and appears in the HBO documentary Frederick Douglass: In Five Speeches. He has curated two major exhibitions at the American Writers Museum in Chicago on Black American figures, including Frederick Douglass, Ida B. Wells, and Ralph Ellison. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter.

What if the “techno-feudalism” boom is a symptom of our confusion rather than a diagnosis of the age? We sit down with Alex Hochuli (Bungacast, American Affairs) to interrogate the feudal metaphor and make a sharper case: we're living through total capitalism's decay, not a return to lords and serfs. That lens helps make sense of platform tolls, anti-market monopolies, surveillance, and institutional rot without pretending we've exited capitalism's basic relations of production.We trace why the feudal story resonates—unfreedom feels real—then test it against history. Feudalism meant manorial production, oath-bound sovereignty, and overlapping legal orders; our world runs on consolidated states, global supply chains, and platform intermediaries that convert risk into reliable rents. The better comparison is peripherization: practices once common in the periphery now shape the core, from precarious work to state-enabled accumulation. That shift helps explain why labor leverage has collapsed despite rising public sympathy: dispersed service shops, automated production, and logistics-dependence blunt traditional organizing power.China enters as Rorschach test: state capitalism, social credit, and surveillance make the feudal label tempting, yet the core logic remains capitalist, steered by growth imperatives and legitimacy management. We explore AI's forked path—job-displacing windfall or costly stagnation—and why care-economy fixes won't build a livable future on their own. If everyone secretly wants social democracy back, we ask what could replace the vanished conditions that once made it possible.The conversation ends with “dark hope.” Drop the costume drama, name the system we have, and fight for a directly political project that builds capacity: housing, grids, industry, and public institutions that actually work. Speak against oligarchy in terms a broad public can hear. If you're ready to trade clever metaphors for concrete ambition, hit play, share with a friend, and leave a review so more listeners can find the show.Send us a text Musis by Bitterlake, Used with Permission, all rights to BitterlakeSupport the showCrew:Host: C. Derick VarnIntro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @varnvlogblue sky: @varnvlog.bsky.socialYou can find the additional streams on YoutubeCurrent Patreon at the Sponsor Tier: Jordan Sheldon, Mark J. Matthews, Lindsay Kimbrough, RedWolf, DRV, Kenneth McKee, JY Chan, Matthew Monahan, Parzival, Adriel Mixon, Buddy Roark, Daniel Petrovic,Julian

Earlier this year, Telegram raised $1.7 billion from convertible bonds — funds earmarked to pay off debt due next year, leaving about $745 million in surplus. In December 2024, in its first profitable year, the company reportedly earned a profit of $540 million on revenue of $1.4 billion. This year, Telegram's profits are expected to top $700 million on $2 billion in revenue. The social network reportedly has more than 1 billion monthly active users, including 15 million paid subscribers — a figure that has doubled over the past year. In November 2025, the French authorities fully lifted their travel ban on billionaire Pavel Durov, Telegram's founder and CEO, who was arrested in Paris in August 2024 on charges alleging complicity in crimes facilitated through the platform. In the past two years, Durov has granted hours-long interviews to podcaster and YouTuber Lex Fridman and American journalist Tucker Carlson. Durov also spent two days talking to Russian journalist Nikolay Kononov, who recently published a new book that updates his “14-year investigation into Pavel Durov's strategy and mindset, and the epic of Telegram.” The book, The Populist: The Untold Story of Pavel Durov and Telegram, is now available in English. Kononov spoke with The Naked Pravda about Durov's conservative political views, his uncompromising managerial style, and Telegram's efforts to navigate regulatory risks while expanding its global user base.  Timestamps for this episode: (2:22) Tech feudalism vs. late capitalism(12:28) Telegram moderation politics(16:15) Telegram's cryptocurrency journey(22:13) The future of Telegram and Pavel Durov's vision(30:38) Durov's mindset in 2025Как поддержать нашу редакцию — даже если вы в России и вам очень страшно

Matthew Ehret, an author and journalist, discusses his works and his perspectives on global warming, suggesting it's based on faulty science and used for political manipulation by oligarchs desiring a neo-feudal society. He critiques figures like Mark Carney and the broader economic and political systems, outlining historical and contemporary efforts to promote true industrial growth and reveals deeper geopolitical motives. Ehret also touches on his documentary work, specifically debunking the Roswell UFO incident as a manufactured legend.00:00 Introduction to Matthew Ehret00:55 The Fraud of Global Warming05:20 Feudalism and Modern Society10:35 Mark Carney's Role in the Financial System21:42 Alberta's Resistance to Climate Policies26:45 Preparing for Financial Uncertainty30:32 Strategic Vision for Survival30:44 Economic Reorganization and Natural Law31:41 Challenges and Backup Plans35:24 The Role of Education and Culture42:34 AI and Human Creativity50:47 Grand Projects and International Cooperation56:20 Concluding Thoughts and Documentary Announcementhttps://x.com/ehret_matthewhttps://canadianpatriot.org/The Fraud of 'Global Warming': https://matthewehret.substack.com/p/the-fraud-of-global-warming—Slides, summaries, references, and transcripts of my podcasts: https://tomn.substack.com/p/podcast-summariesMy Linktree: https://linktr.ee/tomanelson1

Slavoj Žižek is back in a new interview where he takes us through his thoughts on the role of philosophy, the future of sex, his fear and love of AI and, as always, so much more. Tune in to hear one of contemporary philosophy's most original and darkly comedic minds expose his thoughts on the present and where we are heading - though that is impossible to know. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

"History 102" with WhatifAltHist's Rudyard Lynch and Erik Torenberg: Read the notes at at podcastnotes.org. Don't forget to subscribe for free to our newsletter, the top 10 ideas of the week, every Monday --------- In this episode of History 102, 'WhatIfAltHist' creator Rudyard Lynch and co-host Austin Padgett analyze capitalism's cycles across civilizations, examining how free markets emerged from feudalism, their conflict with monarchies and socialism, and regulatory capture's impact on economic development. -- SPONSOR: ZCASH | SHOPIFY The right technology reshapes politics and culture toward freedom and prosperity. Zcash—the "machinery of freedom"—delivers unstoppable private money through encryption. When your wealth is unseen, it's unseizable. Download Zashi wallet and follow @genzcash to learn more: ⁠⁠⁠⁠⁠https://x.com/genzcash⁠⁠⁠⁠⁠ Shopify powers millions of businesses worldwide, handling 10% of U.S. e-commerce. With hundreds of templates, AI tools for product descriptions, and seamless marketing campaign creation, it's like having a design studio and marketing team in one. Start your $1/month trial today at https://shopify.com/cognitive -- FOLLOW ON X: @whatifalthist (Rudyard) @LudwigNverMises (Austin) @TurpentineMedia -- TIMESTAMPS: (00:00) Introduction: The Rise and History of Capitalism (01:00) Personal Bias in Scholarship & Marxist Economics (04:30) Cognitive Biases in American Institutions (07:30) Sponsors: Zcash | Spotify (10:12) Medieval Europe: Capitalism's Emergence from Feudalism (33:00) Third World Examples & The Reality of Bureaucracy (46:00) Victorian Britain & Why Classical Liberalism Failed (59:00) Cold War Lessons: Capitalism vs. Socialism (1:10:00) The Meaning Crisis & Psychological Critiques of Capitalism (1:28:00) Ancient & Asian Capitalism: Bronze Age to Silk Road (1:47:00) Medieval European Banking: Templars, Jews & Monasteries (2:00:00) Regulatory Capture Myths: Snake Oil, Standard Oil & The FDA (2:12:00) Immigration's Role in American Socialism (2:19:00) Complete Historical Chronology & Closing Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, we're finishing our time with Kawai Koume by looking at how life in Wakayama had changed by the mid-1870s. Feudalism is no more, Confucianism is a historical relic, and the samurai class are in the midst of being consigned to the dustbin of history; so what is Koume thinking and doing as she's watching the world she grew up with vanish in the final years of her life? Show notes here.  

In this episode of History 102, 'WhatIfAltHist' creator Rudyard Lynch and co-host Austin Padgett analyze capitalism's cycles across civilizations, examining how free markets emerged from feudalism, their conflict with monarchies and socialism, and regulatory capture's impact on economic development. -- SPONSOR: ZCASH | SHOPIFY The right technology reshapes politics and culture toward freedom and prosperity. Zcash—the "machinery of freedom"—delivers unstoppable private money through encryption. When your wealth is unseen, it's unseizable. Download Zashi wallet and follow @genzcash to learn more: ⁠⁠⁠⁠⁠https://x.com/genzcash⁠⁠⁠⁠⁠ Shopify powers millions of businesses worldwide, handling 10% of U.S. e-commerce. With hundreds of templates, AI tools for product descriptions, and seamless marketing campaign creation, it's like having a design studio and marketing team in one. Start your $1/month trial today at https://shopify.com/cognitive -- FOLLOW ON X: @whatifalthist (Rudyard) @LudwigNverMises (Austin) @TurpentineMedia -- TIMESTAMPS: (00:00) Introduction: The Rise and History of Capitalism (01:00) Personal Bias in Scholarship & Marxist Economics (04:30) Cognitive Biases in American Institutions (07:30) Sponsors: Zcash | Spotify (10:12) Medieval Europe: Capitalism's Emergence from Feudalism (33:00) Third World Examples & The Reality of Bureaucracy (46:00) Victorian Britain & Why Classical Liberalism Failed (59:00) Cold War Lessons: Capitalism vs. Socialism (1:10:00) The Meaning Crisis & Psychological Critiques of Capitalism (1:28:00) Ancient & Asian Capitalism: Bronze Age to Silk Road (1:47:00) Medieval European Banking: Templars, Jews & Monasteries (2:00:00) Regulatory Capture Myths: Snake Oil, Standard Oil & The FDA (2:12:00) Immigration's Role in American Socialism (2:19:00) Complete Historical Chronology & Closing Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices

After a long hiatus, the diary of Kawai Koume picks back up in 1853, a year of absolutely no world-shaking importance in Japanese history whatsoever-wait, I'm hearing from our producers that, in point of fact, some pretty crazy things are about to go down. And Kawai Koume, like many others, is frantically going to be trying to follow the latest news about it all while living her own life as best she can--and dealing with more than her share of tragedies. Show notes here. 

In this episode of Crazy Wisdom, host Stewart Alsop talks with Michel Bauwens, founder of the P2P Foundation, about the rise of peer-to-peer dynamics, the historical cycles shaping our present, and the struggles and possibilities of building resilient communities in times of crisis. The conversation moves through the evolution of the internet from Napster to Web3, the cultural shifts since 1968, Bauwens' personal experiences with communes and his 2018 cancellation, and the emerging vision of cosmolocalism and regenerative villages as alternatives to state and market decline. For more on Michel's work, you can explore his Substack at 4thgenerationcivilization.substack.com and the extensive P2P Foundation Wiki at wiki.p2pfoundation.net.Check out this GPT we trained on the conversationTimestamps00:00 Michel Bauwens explains peer-to-peer as both computer design and social relationship, introducing trans-local association and the idea of an anthropological revolution.05:00 Discussion of Web1, Web3, encryption, anti-surveillance, cozy web, and dark forest theory, contrasting early internet openness with today's fragmentation.10:00 Bauwens shares his 2018 cancellation, deplatforming, and loss of funding after a dispute around Jordan Peterson, reflecting on identity politics and peer-to-peer pluralism.15:00 The cultural shifts since 1968, the rise of identity movements, macro-historical cycles, and the fourth turning idea of civilizational change are unpacked.20:00 Memories of 1968 activism, communes, free love, hypergamy, and the collapse of utopian experiments, showing the need for governance and rules in cooperation.25:00 From communes to neo-Reichian practices, EST seminars, and lessons of human nature, Bauwens contrasts failed free love with lasting models like kibbutzim and Bruderhof.30:00 Communes that endure rely on transcendence, religious or ideological foundations, and Bauwens points to monasteries as models for resilience in times of decline.35:00 Cycles of civilization, overuse of nature, class divisions, and the threat of social unrest frame a wider reflection on populism, Eurasian vs Western models, and culture wars.40:00 Populism in Anglo vs continental Europe, social balance, Christian democracy, and the contrast with market libertarianism in Trump and Milei.45:00 Bauwens proposes cosmolocalism, regenerative villages, and bioregional alliances supported by Web3 communities like Crypto Commons Alliance and Ethereum Localism.50:00 Historical lessons from the Roman era, monasteries, feudal alliances, and the importance of reciprocity, pragmatic alliances, and preparing for systemic collapse.55:00 Localism, post-political collaboration, Ghent urban commons, Web3 experiments like Zuzalu, and Bauwens' resources: fortcivilizationsubstack.com and wiki.p2pfoundation.net.Key InsightsMichel Bauwens frames peer-to-peer not just as a technical design but as a profound social relationship, what he calls an “anthropological revolution.” Like the invention of writing or printing, the internet created trans-local association, allowing people across the globe to coordinate outside of centralized control.The conversation highlights the cycles of history, drawing from macro-historians and the “fourth turning” model. Bauwens explains how social movements rise, institutionalize, and collapse, with today's cultural polarization echoing earlier waves such as the upheavals of 1968. He sees our era as the end of a long cycle that began after World War II.Bauwens shares his personal cancellation in 2018, when posting a video about Jordan Peterson triggered accusations and led to deplatforming, debanking, and professional exclusion. He describes this as deeply traumatic, forcing him to rethink his political identity and shift his focus to reciprocity and trust in smaller, resilient networks.The episode revisits communes and free love experiments of the 1970s, where Bauwens lived for years. He concludes that without governance, rules, and shared transcendence, these communities collapse into chaos. He contrasts them with enduring models like the Bruderhof, kibbutzim, and monasteries, which rely on structure, ideology, or religion to survive.A major theme is populism and cultural polarization, with Bauwens distinguishing between Anglo-Saxon populism rooted in market libertarianism and continental populism shaped by Christian democratic traditions. The former quickly loses support by privileging elites, while the latter often maintains social balance through family and worker policies.Bauwens outlines his vision of cosmolocalism and regenerative villages, where “what's heavy is local, what's light is global.” He argues that bioregionalism combined with Web3 technologies offers a practical way to rebuild resilient communities, coordinate globally, and address ecological and social breakdown.Finally, the episode underscores the importance of pragmatic alliances across political divides. Bauwens stresses that survival and flourishing in times of systemic collapse depend less on ideology and more on reciprocity, concrete projects, and building trust networks that can outlast declining state and market systems.

Feudalism once ruled Earth—could it rule the cosmos too? We dive into the strange but plausible world of space nobles, orbital dukes, and knights of the vacuum clad in power armor or piloting mecha.Watch my exclusive video The Economics of Immortality: https://nebula.tv/videos/isaacarthur-the-economics-of-immortalityGet Nebula using my link for 40% off an annual subscription: https://go.nebula.tv/isaacarthurGet a Lifetime Membership to Nebula for only $300: https://go.nebula.tv/lifetime?ref=isaacarthurUse the link https://gift.nebula.tv/isaacarthur to give a year of Nebula to a friend for just $36.Visit our Website: http://www.isaacarthur.netJoin Nebula: https://go.nebula.tv/isaacarthurSupport us on Patreon: https://www.patreon.com/IsaacArthurSupport us on Subscribestar: https://www.subscribestar.com/isaac-arthurFacebook Group: https://www.facebook.com/groups/1583992725237264/Reddit: https://www.reddit.com/r/IsaacArthur/Twitter: https://twitter.com/Isaac_A_Arthur on Twitter and RT our future content.SFIA Discord Server: https://discord.gg/53GAShECredits:Feudal Futures - Knights & Nobles in the Space AgeWritten, Produced & Narrated by: Isaac ArthurSelect imagery/video supplied by Getty Images Music Courtesy of Epidemic Sound http://epidemicsound.com/creatorSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Feudalism once ruled Earth—could it rule the cosmos too? We dive into the strange but plausible world of space nobles, orbital dukes, and knights of the vacuum clad in power armor or piloting mecha.Watch my exclusive video The Economics of Immortality: https://nebula.tv/videos/isaacarthur-the-economics-of-immortalityGet Nebula using my link for 40% off an annual subscription: https://go.nebula.tv/isaacarthurGet a Lifetime Membership to Nebula for only $300: https://go.nebula.tv/lifetime?ref=isaacarthurUse the link https://gift.nebula.tv/isaacarthur to give a year of Nebula to a friend for just $36.Visit our Website: http://www.isaacarthur.netJoin Nebula: https://go.nebula.tv/isaacarthurSupport us on Patreon: https://www.patreon.com/IsaacArthurSupport us on Subscribestar: https://www.subscribestar.com/isaac-arthurFacebook Group: https://www.facebook.com/groups/1583992725237264/Reddit: https://www.reddit.com/r/IsaacArthur/Twitter: https://twitter.com/Isaac_A_Arthur on Twitter and RT our future content.SFIA Discord Server: https://discord.gg/53GAShECredits:Feudal Futures - Knights & Nobles in the Space AgeWritten, Produced & Narrated by: Isaac ArthurSelect imagery/video supplied by Getty Images Music Courtesy of Epidemic Sound http://epidemicsound.com/creatorSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Lionel expresses his frustration over the tech giant meetup at the White House. He argues that some of the attendees are architects of a new order seeking to institute eugenics-based technology. Learn more about your ad choices. Visit megaphone.fm/adchoices

Read Alex's piece in American Affairs here: https://americanaffairsjournal.org/.../technofeudalism.../   Follow Alex on the Bungacast podcast here: https://bungacast.com/.../506-bungas-been-juicin-ft.../   Are we headed into a return to the feudal era or is this just capitalism? We'll discuss.   Check out our new bi-weekly series, "The Crisis Papers" here: https://www.patreon.com/bitterlakepresents/shop   Thank you guys again for taking the time to check this out. We appreciate each and everyone of you. If you have the means, and you feel so inclined, BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH!   Become a patron now https://www.patreon.com/join/BitterLakePresents?   Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!)   THANKS Y'ALL   YouTube: https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg Facebook: https://www.facebook.com/Thisisrevolutionpodcast/ Twitter: @TIRShowOakland Instagram: @thisisrevolutionoakland   Read Jason Myles in Sublation Magazine https://www.sublationmag.com/writers/jason-myles   Read Jason Myles in Damage Magazine https://damagemag.com/2023/11/07/the-man-who-sold-the-world/   Read Jason in Unaligned here: https://substack.com/home/post/p-161586946...

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Private equity funds and other Wall Street investors are buying up homes across the US and the West, driving up rent and the cost of living. Economist Michael Hudson explains how these corporate landlords are a result of the system of financialized capitalism, dominated by an unproductive rentier class. He is interviewed by host Ben Norton. VIDEO: https://www.youtube.com/watch?v=qJd0d7Uda2M Transcript: https://www.geopoliticaleconomy.report/p/corporate-landlords-rent-michael-hudson Part 1 of this interview: https://www.geopoliticaleconomy.report/p/world-us-financial-colonialism-economist-michael-hudson Read Michael's article "How the Global Majority can free itself from US financial colonialism": https://geopoliticaleconomy.com/2025/07/17/michael-hudson-global-majority-us-financial-colonialism/ Michael's website: https://michael-hudson.com/ Topics 0:00 Cost of living crisis in West 0:30 Blackstone: largest US landlord 1:07 Blackstone CEO is Trump donor 1:49 Investors buy up US homes 2:36 Wall Street buys single-family homes 3:54 Wall Street buys up neighborhoods 5:31 Homelessness rises in USA 6:06 Blackstone buys up homes in Spain 7:34 Introduction to Michael Hudson 9:12 Highlights 10:43 Interview starts 11:58 Feudalism, capitalism, & rentier class 16:58 Adam Smith, David Ricardo, & Karl Marx 19:10 Difference between value, price, & rent 21:33 Bankers, industrialists, & landlords 27:34 Theory of comparative advantage 28:20 Problems with economics education 30:57 Profits vs rent 32:48 Financialization and GDP 37:21 Adam Smith in Beijing 38:47 Peter Thiel defends monopolies 40:20 China's reform and opening up 43:06 China's public ownership of finance 44:25 Need to tax land rent 50:45 China's industrialization 53:54 Passive income (ie, rent seeking) 56:01 Mainstream "junk economics" 59:07 Outro

This week on More or Less: Jessica Lessin, Dave Morin, Brit Morin, and Sam Lessin dive deep into the surprisingly busy summer of venture capital, the impact of AI on startups, and the changing rules for founders and investors. From Figma's IPO and the rise of meme-driven investing to the challenge of diligence in an AI-saturated world, we tackle the uncomfortable truths and new dynamics shaping Silicon Valley today. Chapters:01:46 – Dude Perfect vs. The Circus: The Internet Killed Local Art05:46 – The Creator Quality Bar Keeps Rising07:46 – Figma IPO: Did Wall Street Fleeced Them?10:46 – SaaS Is NOT Back & The Real IPO Signal13:26 – OpenAI: The Ultimate Meme Stock?15:46 – Seed Investing is Broken in the AI Era20:46 – Valley Mood: Exuberance and Angst22:46 – The Feudalism 2.0 Problem39:46 – The Uncomfortable Truth About Founder Age & Life Stage45:46 – Deep Work, Distraction, and the Future of FoundersWe're also on ↓X: https://twitter.com/moreorlesspodInstagram: https://instagram.com/moreorlessSpotify: https://podcasters.spotify.com/pod/show/moreorlesspodYouTube: https://youtu.be/D5Y-WZqsAlEConnect with us here:1) Sam Lessin: https://x.com/lessin2) Dave Morin: https://x.com/davemorin3) Jessica Lessin: https://x.com/Jessicalessin4) Brit Morin: https://x.com/brit

In this episode of Crazy Wisdom, host Stewart Alsop speaks with Ryan Estes about the intersections of podcasting, AI, ancient philosophy, and the shifting boundaries of consciousness and technology. Their conversation spans topics like the evolution of language, the impact of AI on human experience, the role of sensory interfaces, the tension between scientism and spiritual insight, and how future technologies might reshape power structures and daily life. Ryan also shares thoughts on data ownership, the illusion of modern VR, and the historical suppression of mystical knowledge. Listeners can connect with Ryan on LinkedIn and check out his podcast at AIforFounders.co.Check out this GPT we trained on the conversationTimestamps00:00 – Stewart Alsop and Ryan Estes open with thoughts on podcasting, conversation as primal instinct, and the richness of voice communication.05:00 – Language and consciousness, bicameral mind theory, early religion, and auditory hallucinations.10:00 – AI, cognitive ergonomics, interfacing with tech, new modes of communication, and speculative consciousness.15:00 – Scientism, projections, and authenticity; ownership of hardware, software, and data.20:00 – Tech oligarchs, Apple, Google, OpenAI, and privacy trade-offs.25:00 – VR, escapism, illusion vs. reality, Buddhist and Gnostic parallels.30:00 – Magic, Neoplatonism, Copernicus, alchemy, and suppressed knowledge.35:00 – Oligarchy, the fragile middle class, democracy's design, and authority temptation.40:00 – AGI, economic shifts, creative labor, vibe coding, and optimism about future work.45:00 – Podcasting's future, amateur charm, content creation tools, TikTok promotion.Key InsightsConversation is a foundational human instinct that transcends digital noise and brings people together in a meaningful way. Ryan Estes reflects on how podcasting revives the richness of dialogue, countering the flattening effects of modern communication platforms.The evolution of language might have sparked consciousness itself. Drawing on theories like the bicameral mind, Estes explores how early humans may have experienced internal commands as divine voices, illustrating a deep link between communication, cognition, and early religious structures.AI is not just a tool but a bridge to new kinds of consciousness. With developments in cognitive ergonomics and responsive interfaces, Estes imagines a future where subconscious cues might influence technology directly, reshaping how we interact with our environment and each other.Ownership of software, hardware, and data is emerging as a critical issue. Estes emphasizes that to avoid dystopian outcomes—such as corporate control via neural interfaces—individuals must reclaim the stack, potentially profiting from their own data and customizing their tech experiences.Virtual reality and AI-generated environments risk becoming addictive escapes, particularly for marginalized populations. Estes likens this to a digital opiate, drawing parallels to spiritual ideas about illusion and cautioning against losing ourselves in these seductive constructs.The suppression of mystical traditions—like Gnosticism, Neoplatonism, and indigenous knowledge—has led to vast cultural amnesia. Estes underscores how historical power structures systematically erased insights that modern AI might help rediscover or recontextualize.Despite the turbulence, AI and AGI offer a radically optimistic future. Estes sees the potential for a 10x productivity boost and entirely new forms of work, creativity, and leisure, reshaping what it means to be economically and spiritually fulfilled in a post-knowledge age.

In this episode of Crazy Wisdom, Stewart Alsop sits down with the masked collective known as the PoliePals—led by previous guest Cathal—to explore their audacious vision of blending humans, nature, and machines through cryptographic reality verification and decentralized systems. They talk about neural and cryptographic projector-camera technologies like the “truth beam” and “reality transform,” analog AI using optical computing, and how open protocols and decentralized consensus could shift power away from corporate control. Along the way, they share stories from Moad's chaotic tinkering workshop, Meta's precise Rust-coded Alchemy project, and Terminus Actual's drone Overwatch. For links to their projects, visit Poliebotics on Twitter and Poliebotics on GitHub.Check out this GPT we trained on the conversationTimestamps00:05 Neural and cryptographic projector-camera systems, reality transform for art and secure recordings, provably unclonable functions.00:10 Moad's GNOMAD identity, chaotic holistic problem-solving, tinkering with tools, truth beam's manifold mapping.00:15 Terminus Actual's drone Overwatch, security focus, six hats theory, Lorewalker's cryptic mathematical integrations.00:20 Analog AI and optical computing, stacked computational layers, local inference, physical reality interacting with AI.00:25 Meta's Alchemy software, music-driven robotics, precise Rust programming, contrast with neural network unpredictability.00:30 Decentralization, corporate dependency critique, hardware ownership, open protocols like Matrix, web of trust, Sybil attacks.00:35 Truth beam feedback loops, decentralized epistemology, neo-feudalism, Diamond Age references, nano drone warfare theory.00:40 Biotech risks, lab truth beams for verification, decentralized ID systems, qualitative consensus manifolds.00:45 Maker culture insights, 3D printing community, iterative prototyping, simulators, recycling prints.00:50 Investment casting, alternative energy for classic cars, chaotic hardware solutions, MoAD workshop's mystical array.00:55 Upcoming PolyPals content, Big Yellow Island recordings, playful sign-offs, decentralized futures.Key InsightsThe PoliePals are pioneering a system that combines cryptographic models, neural projector-camera technologies, and decentralized networks to create tools like the “truth beam” and “reality transform,” which verify physical reality as a provably unclonable function. This innovation aims to secure recordings and provide a foundation for trustworthy AI training data by looping projections of blockchain-derived noise into reality and back.Moad's character, the GNOMAD—a hybrid of gnome and nomad—embodies a philosophy of chaotic problem-solving using holistic, artful solutions. His obsession with edge cases and tinkering leads to surprising fixes, like using a tin of beans to repair a broken chair leg, and illustrates how resourcefulness intersects with decentralization in practical ways.Terminus Actual provides a counterbalance in the group dynamic, bringing drone surveillance expertise and a healthy skepticism about humanity's inherent decency. His perspective highlights the need for security consciousness and cautious optimism when developing open systems that could otherwise be exploited.Meta's Alchemy project demonstrates the contrast between procedural precision and chaotic neural approaches. Written entirely in Rust, it enables music-driven robotic control for real-world theater environments. Alchemy represents a future where tightly optimized code can interact seamlessly with hardware like Arduinos while remaining resistant to AI's unpredictable tendencies.The episode explores how decentralization could shape the coming decades, likening it to a neo-feudal age where people consciously opt into societies based on shared values. With open protocols like Matrix, decentralized IDs, and webs of trust, individuals could regain agency over their data and technological ecosystems while avoiding corporate lock-in.Optical computing experiments reveal the potential for analog AI, where stacked shallow computational layers in physical media allow AI to “experience” sensory input more like a human. Though still speculative, this approach could produce richer, lower-latency responses compared to purely digital models.Maker culture and hardware innovation anchor the conversation in tangible reality. Moad's MoAD workshop, filled with tools from industrial sewing machines to 3D printers and lathes, underscores how accessible technologies are enabling chaotic creativity and recycling systems. This grassroots hardware tinkering aligns with the PoliePals' broader vision of decentralized, cooperative technological futures.

My guest is Francis Fukuyama, a scholar and political scientist. He is the author of many books. He is most well known for his 1992 work, "The End of History & the Last Man". Drawing on Hegel and Marx, Fukuyama explores the concept of teleology — the idea that history is a linear process where human societies progress through sequential socioeconomic forms. As Marx famously wrote, Feudalism was replaced by Capitalism and would ultimately be replaced by Socialism. But after the collapse of the Soviet Union and the end of the Cold War, Francis Fukuyama argued that western liberal democracy was the final form of human government. His thesis has been updated and revised many times since and remains a frequent subject of debate today. You can get access to the full catalog for Doomscroll and more by becoming a paid supporter: www.patreon.com/joshuacitarella joshuacitarella.substack.com/subscribe

Cullen Murphy, editor at large at The Atlantic, discusses his latest article on how, with the accelerating advance of privatization across the U.S. government, the country may be moving toward something that resembles the feudalism of the Middle Ages.

ORIGINALLY RELEASED Dec 21, 2021 Professor Adnan Husain, Medieval European and Middle Eastern Historian and Director of the School of Religion at Queens University, joins Breht to discuss the life of St. Francis of Assisi. Together they discuss St. Francis of Assisi's legacy within Christianity, nature mysticism, Imitatio Christi, Francis's meeting with the Sultan of Egypt, medieval Europe, Islam and Christianity, Franciscan Virtues, Ecology and Creation, The Canticle of the Sun, Pope Francis, the rise of mercantilism in feudal Europe, stigmata, liberation theology, and more! Find Adnan's Podcast and YT channel here: https://www.adnanhusain.org/about ---------------------------------------------------- Support Rev Left and get access to bonus episodes: www.patreon.com/revleftradio Make a one-time donation to Rev Left at BuyMeACoffee.com/revleftradio Follow, Subscribe, & Learn more about Rev Left Radio https://revleftradio.com/

Air Date 4/14/2025 Everything, it turns out, is a double-edged sword. Democracy and freedom are great but it also contains the keys to its own destruction. Love is pretty good but it turns out that only love can break your heart. And technology, which has freed people from countless hours of menial labor also has the power to subsume our economy, our politics, and much of our everyday lives. It may even be said to have supplanted capitalism itself. Be part of the show! Leave us a message or text at 202-999-3991 or email Jay@BestOfTheLeft.com Full Show Notes | Transcript BestOfTheLeft.com/Support (Members Get Bonus Shows + No Ads!) Join our Discord community! ACTIVISM ROUNDUP KEY POINTS KP 1: The Broligarchy Pt 2: Is this Techno-Fascism? Part 1 - Close All Tabs - Air Date 4-2-25 KP 2: Capitalism Has Mutated Into Something Worse with Yanis Varoufakis - Factually! with Adam Conover - Air Date 2-7-24 KP 3: How Technofacism is Rooted in Silicon Valley / Becca Lewis Part 1 - This Is Hell! - Air Date 2-11-25 KP 4: We Went To Georgia Facebooks Data Center Took This Town Hostage - More Perfect Union - Air Date 3-27-25 KP 5: The Rise of Techno-Authoritarianism - Radio Atlantic - Air Date 2-26-24 KP 6: What does Palantir actually do? - Good Work - Air Date 3-28-25 (00:52:52) NOTE FROM THE EDITOR On the faustian bargain of the internet's walled gardens DEEPER DIVES (01:02:20) SECTION A: FALLOUT (01:45:41) SECTION B: ORIGINS (02:10:50) SECTION C: TECH BROS (02:37:42) SECTION D: APARTHEID Technofeudalism Description: A composite image of Elon Musk, Peter Thiel, and Jeff Bezos wearing tiny golden crowns with dollar signs on them. An illustration of tiny replication of workers at desks in cubicles is in the background.   Produced by Jay! Tomlinson Listen Anywhere! BestOfTheLeft.com/Listen Listen Anywhere! Follow BotL: Bluesky | Mastodon | Threads | X

Breht discusses American Capitalism's Death Drive Accelerationism, how the only path that's left for capitalism is to return us to fuedalism "at a higher level", how dialactics plays out in this context, and why the purposeful cultivation of inner silence and stillness and love is more important than ever.  Support the show on Patreon Follow RLR on IG HERE Make a one-time donation to Rev Left at BuyMeACoffee.com/revleftradio