Of Two Minds

As with the French Revolution, that will be the trigger for a wholesale replacement of our failed institutions.Since it’s Bastille Day, a national holiday in France celebrating the French Revolution, let’s ask a question few even think (or dare) t…

You better bow low and pay up, peasant, or your voice in the digital world will disappear just as quickly as your democracy’s control over Big Tech.Who’s the junior partner in global hegemony, Big Tech or the U.S. government? The question would ha…

The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink.On April 14, 1912, the liner Titanic, considered unsinkable due to its watertight compartments a…

As the inverted pyramid collapses, the effects will be non-linear.Round about late March, we entered a Financial FantasyLand in which all the sins and excesses of rampant financialization were going to be painlessly washed away. Mever mind the ent…

Our society has a legal structure of self-rule and ownership of capital, but in reality it is a Neofeudal Oligarchy.Now that the pandemic is over and the economy is roaring again–so the stock market says–we’re heading straight back up into the good o…

Virtue-signaling texts from your $100 million yacht no longer impress, they enrage.For the past five decades, celebrities and other wealthy folks have sought conventional status signifiers / symbols: a couple hundred thousand acres of ranchland, a…