Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
Now Hiring: The Ministry of Failure

Now Hiring: The Ministry of Failure

Those expecting some centralized, political-administrative "solution" will be disappointed, as the political-administrative "solution" is actually the problem.

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Charles Hugh Smith
Sep 29, 2023
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
Now Hiring: The Ministry of Failure
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The Ministry of Failure is hiring, as their decades-long expansion is accelerating. You probably don't know about the Ministry, but you see its handiwork everywhere. The principle behind the Ministry's existence and its raison d'etre is simple: failure is more profitable than efficiency.

The greater the inefficiency and the higher the failure rate, the f…

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