Our Neofeudal, Neocolonial World
Once the chasm widens a bit more, the "efficient market" cover story bridge collapses into the abyss.
In the conventional view, Neofeudalism and Neocolonialism are mad fantasies: the world is an efficient market of buyers and sellers guided by the invisible hand of self-interest, overseen by a fair referee, the State.
This is of course exactly what those benefiting from Neofeudalism and Neocolonialism would say: since I'm doing great, everyone's doing gr…
Keep reading with a 7-day free trial
Subscribe to Charles Hugh Smith's Substack to keep reading this post and get 7 days of free access to the full post archives.