Episode
The Government Created an Ultra-Processed Economy — and It's Destroying America | 7/14/26
- Published
- Jul 14, 2026
- Duration seconds
- 4132
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Summary
Are we living in an economic hell disguised as capitalism? Author Charles Hugh Smith joins me to expose the "ultra-processed" economy and how government monopolies have completely destroyed the free market. We are two generations deep into a system of regulatory capture, endless spending, and Federal Reserve market distortions. The result? "Venture socialism" and privatized totalitarianism where massive corporations no longer must compete for your business, driving up costs while quality of life regresses. Smith dives deep into how government monopolies, the decay of the moral order required for capitalism to function, and a corrupt political class have created a centralized economy that is now privatized totalitarianism. Learn more about your ad choices. Visit megaphone.fm/adchoices