Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Terminal Rot in Corporate America

The Terminal Rot in Corporate America

Corporate America took advantage of the Covid shortages and fiscal largesse to profiteer on a scale criminals could only dream of.

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Charles Hugh Smith
May 05, 2025
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Terminal Rot in Corporate America
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One of humanity's most pernicious traits is the ease with which we habituate to conditions over time that we would have rejected out of hand if the transition had been sudden. This is the essence of what I term Anti-Progress: over time, what was solid melts away into thin air, what worked no longer works, but we no longer notice because wretchedness and…

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