Episode
We Don't Have Capitalism Any More — We Have Privatized Totalitarianism | 7/31/26
- Published
- Jul 31, 2026
- Duration seconds
- 3847
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Summary
True free-market capitalism is dead. In its place, a hybrid of government and corporate actors have built a system of "privatized totalitarianism" and techno-feudalism. You think you have choices in your health care, your food, and your elections — but it’s an illusion. I’m joined by political economist and author Charles Hugh Smith to break down the "golden painted leg chains" of modern American life. From the surveillance state and dynamic pricing to AI companies quietly shredding physical books to control history, Big Tech and the government have boxed out your options under the guise of "convenience." Worse yet, the political establishment — including Conservative Inc. — serves only to provide fake opposition, keeping you distracted with political theater while the oligarchy consolidates power. How do we break the monopoly? It starts by rejecting the ultra-processed life and decentralizing power back to our local counties. Learn more about your ad choices. Visit megaphone.fm/adchoices