Jul 31, 2026 · 1 hr 45 min · 16 segments
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The badness of capitalism is clarified heavily in the Marxist tradition in ways that are obscure if you just read, say, anarchist critics of capitalism.
And, and precisely because the Marxists can explain something that a- the anarchists can't, which is how capitalism ruins rich people, how capitalism ruins the elite, how capitalism produces not just debased workers, but also debased elites.
And to me, that's the extra thing that a lot of people don't wanna talk about.
You know, like you look at these guys who have made their money investing, and these people have no idea what to do with money apart from find return on it.
You know, they, they have affairs, they get divorced, they are constantly fighting people, a bunch of them are on drugs.
And their kids.
Kids with rich parents are some of the most mentally ill people.
A- and it's because nobody who succeeds in capitalism learns what to do with money, because they, they don't understand what is good about it.
And then once you're armed with this understanding, then, you know, getting mad at the elites is like kicking a, a sad child who has eaten way too much ice cream, you know, and is just bawling and miserable because they've eaten themselves sick, and they don't understand why their stomach hurts.
And some Marxists, ironically, will take that frame too when they talk about bourgeoisie moral category.
But it, like Marxist as a tradition I also agree is, is so valuable because the best m- the, when you look at the tradition for its best, it really has amazing stuff.
For me, what was always more convincing about the critique of capital was not actually the exploitation, where like it's the young Marx.
It's about like the-
...
The badness of capitalism is clarified heavily in the Marxist tradition in ways that are obscure if you just read, say, anarchist critics of capitalism.
And, and precisely because the Marxists can explain something that a- the anarchists can't, which is how capitalism ruins rich people, how capitalism ruins the elite, how capitalism produces not just debased workers, but also debased elites.
And to me, that's the extra thing that a lot of people don't wanna talk about.
You know, like you look at these guys who have made their money investing, and these people have no idea what to do with money apart from find return on it.
You know, they, they have affairs, they get divorced, they are constantly fighting people, a bunch of them are on drugs.
And their kids.
Kids with rich parents are some of the most mentally ill people.
A- and it's because nobody who succeeds in capitalism learns what to do with money, because they, they don't understand what is good about it.
And then once you're armed with this understanding, then, you know, getting mad at the elites is like kicking a, a sad child who has eaten way too much ice cream, you know, and is just bawling and miserable because they've eaten themselves sick, and they don't understand why their stomach hurts.
And some Marxists, ironically, will take that frame too when they talk about bourgeoisie moral category.
But it, like Marxist as a tradition I also agree is, is so valuable because the best m- the, when you look at the tradition for its best, it really has amazing stuff.
For me, what was always more convincing about the critique of capital was not actually the exploitation, where like it's the young Marx.
It's about like the-
...
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