Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

Why We Fail

No wonder the world seems deranged--it is deranged by the immense strength of an Old Guard clinging onto power by any means available even as the world around them spins into incoherence.

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Charles Hugh Smith
Dec 09, 2025
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There are many reasons why we fail, but perhaps the most critical one is continuing to do more of what has failed. This has many potential sources, from the psychological (self-sabotage, etc.) to the ideological (the market is the solution to every problem, etc.) to cognitive biases (recency bias, etc.).

One enduring source of continuing to do more of wh…

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