I’ve been reading Bjorn Merker’s Perishing Promise in PDF. It’s about the failure of the West to implement its promise of freedom and equality. Because we now live under a
soft despotism that wields the slogans of popular sovereignty, self-governance, and democracy as means to buttress its power over the populations under its jurisdiction.
One of the key moments in Merker’s Western story is the socialist frenzy of the university rich kids in Berlin in 1840. Of which our pal Karl Marx was a contributor. Merker represents Marx as a kid who resented having to get a job when his father died and his mom withdrew his allowance.
As they say: history doesn’t repeat itself, but it rhymes.
In our day we have the DSA frenzy of the university rich kids — featuring the girls this time — who really resent… well, something. It looks as if they are taking over the Democratic Party, and, they think, the world.
But as a famous philosopher said, nearly 200 years ago, there is a tendency for historical events to appear: “the first time as tragedy, the second time as farce”.
In 1840, as Marx & Co. were all ablaze, the economy was in the middle of the second technological revolution in 50 years. First was machine textiles in the 1770s, and then steam and railways in the 1830s. The fact is that humans tend to feel totally adrift when the economic foundations are shaking.
I suspect that was particularly true for the educated middle class of 1840. Marx came from Trier, in Germany just east of Luxembourg. You can imagine that the fixed world of guilds and lawyers and bourgeois security was under attack from a rising generation of textile and rail entrepreneurs. Socialism, the best people knew, would put an end to all the turmoil.
Same thing in our era. The Age of the Educated Class, with the credentialed holding forth for the best interests of society overall from their tenured positions in academia, administration, and media, seems to be under attack.
What’s left for a professor if her students can answer the questions on a test with AI? What’s left for traditional media when podcasters can reach millions with YouTube and the internet? What’s left when a college degree isn’t the key to a career in corporate administration any more?
Back in 1840 all the best minds were focused like a laser on the plight of the industrial workers. There was a bit of a cock-up in the US Panic of 1837.
Triggered by wild land speculation, reckless state bank note printing, President Andrew Jackson’s anti-central bank policies, and a collapse in cotton prices, it resulted in widespread bank failures and massive unemployment.
Oh yeah. The end of the Second Bank of the United States. What could go wrong? And in Europe the Hungry ‘40s, as told by Mrs. Gaskell in Mary Barton. Mary’s father was a textile machine worker and big into unions.
What do we have, in 2026? The late COVID unpleasantness with a 40% increase in the money supply. Plus AI. Plus Woke Politics. No wonder the kiddies are all upset.
In the late Cambridge University Unpleasantness, a brilliant black professor was outed by a Dirty Jew. Professor Nathan Cofnas was fired from Cambridge by its girl Vice-Chancellor Deborah Prentice and is now, apparently, under fire at his new job from the transgender girl rector of Ghent University. I kid you not.
And over last weekend devoted activists held a peaceful protest in memory of the late fabulist Jason Arday in London’s Trafalgar Square.
I know. You couldn’t make this up.
Really, lefties? You make a huge issue about blacks, because slavery abolished roughly 200 years ago. Then you promote unqualified blacks into prestigious academic positions. Then you push back and fire an academic that exposes your follies (or should we say, injustices)?
Then you hold a vigil in Trafalgar Square when the fabulist understandably commits (presumed) suicide?
We all push back mightily when our belief system betrays us, and reality hits us right in the solar-plexus. It’s not that we don’t believe it. It’s worse than that: it’s “inconceivable.”
Ever heard of that River in Egypt?
I don’t know what comes next. Nobody does. But I am certainly getting a feeling that we are approaching a “turn.”
Here’s a Narrative to explain the whole thing.
Back in 1840 when the Marxes and the Engels were holding forth it made sense that the jumped-up bourgeois capitalists were a menace. They were new; they didn’t have credentials. Or breeding. So we all decided to put the curbs on the industrialists to make sure they didn’t throw the baby out with the bathwater.
But as usual, the problem wasn’t the capitalists. They went on to create steel steamships and internal combustion engines and cars for the common man, and the internet and reusable rockets and AI. The problem was the activist politicians, the Lenins and Trotskys and Maos that demolished the nascent exchange economies in Russia and China and sent 100 million souls to an early grave.
And now the fans of Stalin and Mao want us to elect them for a redo on socialism?
I don’t think so.
Just for a refresher here’s Google’s take on the notorious Robber Barons:
John D. Rockefeller: Controlled the oil industry through Standard Oil, buying out or crushing competitors with aggressive pricing.
Andrew Carnegie: Dominated the American steel industry using vertical integration and severe labor suppression.
Cornelius Vanderbilt: Built a massive empire in shipping and railroads, earning the nickname “The Commodore”.
J.P. Morgan: Consolidated giant corporations like U.S. Steel and dominated American finance and banking.
Jay Gould: A notorious railroad tycoon and Wall Street speculator known for stock manipulation and bribery.
Well? Here’s my take:
John D. Rockefeller: Invented the oil industry, saved the whales including Moby Dick.
Andrew Carnegie: Invented the steel industry, allowing architects to create skyscrapers.
Cornelius Vanderbilt: Built a massive empire in shipping and railroads, helping ordinary people to travel about.
J.P. Morgan: Cleaned up all the railroad debt defaults and bankruptcies.
Jay Gould: Fought Vanderbilt over Erie Railroad. Tried to corner the gold market. But fixed Union Pacific and pushed against monopolistic rate-fixing.
Today we have the tech lords and the venture capitalists. Should we Fight Oligarchy with Bernie or just let the tech bros do their thing and vaporize the education industrial complex with AI?
I think it is time to admit that the Robber Barons weren’t much of a problem, and the tech “oligarchs” even less so.
| Fri, 21 Aug 2026 22:25:59 GMT |
Well, I just signed up with Rod Martin’s Substack, after he posted an article on Fracking Part 2.
See, Exxon — you know, the creation of Robber Baron John D. Rockefeller — has just come up with a new way to kill the climate.
It’s an improvement in fracking technology. Fracking’s the deal where you drill horizontal oil wells and the pressurize the well so that it opens cracks in the well walls and oils seeps into the cracks and gets pumped out and oil flows out to power fossil fueled cars that will kill the climate. All over the world.
A big part of fracking technology is pumping sand into the cracks so the cracks stay propped open when you stop pressurizing the well. They call the sand proppant.
But eevil Exxon came up with a new twist on the proppant front.
Now ExxonMobil, Chevron, and others have opened a new chapter: lightweight, synthetic proppant made from petroleum coke, a refinery by-product that used to be treated as waste.
Because it is lightweight it gets further into the cracks that sand can’t get into, and because it’s lighter than sand it flows along easier, and because it’s stronger than sand it keeps the cracks open.
Here’s a map of frack-ology research in North America being conducted by the nation’s credentialed frack-ologists. There’s a lot more than I thought.
Guess what happens next. Exactly, Uncle Sam gets to rule the world and nobody cares a wink about the Strait of Hormuz.
And mental health professionals will also benefit from treating the mental health crises of our environmentalist friends.
It’s interesting. President Trump has been boasting about a new Golden Age of America. Naturally, as a credentialed expert, I wasn’t at all sure that I believed him.
But here we are. Fracking as far as the eye can see.
And the latest information I learned is that Texas has 335 data centers in operation and 248 under construction. I think that’s important because I don’t think we can really get the Golden Age of America going until we have bombed the entire government education system to rubble and replaced it with mom-friendly homeschooling AI.
But that is another story.
| Thu, 20 Aug 2026 20:47:16 GMT |


He runs usgovernmentspending.com, the go-to resource for government finance data, and is a frequent contributor to the American Thinker. He lives in Seattle, Washington. Click for more.
The simplest way to understand human society is as Three Layers such as Nobles, Yeomen, and Serfs.
My take on Three Layers is my Three Peoples Theory of Creatives, Responsibles, and Subordinates.
I believe that we moderns live in Three Worlds: the War World of politics, the Market World of the economy, and the Life World of family and neighborhood.
And the trouble with politics is that it reduces human society to a war against the enemy, as determined by Nazi jurist Carl Schmitt.
The world that we all live in today is the one created by the German Turn in philosophy, psychology, science, and meaning.
But our modern elite, the educated elite, has taken, I believe, a Wrong Turn and has imposed a cultural Great Reaction on the world, a lurch back to the primitive. This manifests in the elite’s conceited Activism Culture and its patronage of Subordinate people as its Little Darlings.
The principal reason for the elite’s Wrong Turn has been that it does not understand and does not want to understand how the Three Peoples’ Religions are necessarily different.
The root of the educated elite’s Wrong Turn is its conceit that it knows what the world needs. I think there is a better way; I call it “A Good Life Better than the Left”.
Numbers, charts, analysis of government spending in the US. You can make your own spending charts and download spending data.
Numbers, charts, analysis of government revenue in the US. You can make your own revenue charts and download tax data.
Numbers, charts, analysis of government debt in the US. You can make your own charts of debt over the years and download data.
Numbers, charts, analysis of the US federal budget. You can create your own custom charts, and look at budget projections and compare estimated with actual.
Numbers, charts, analysis of public spending in the UK. You can make your own spending charts and download spending data.
Numbers, charts, analysis of public revenue in the UK. You can make your own revenue charts and download revenue data.
What went wrong in the nightmare of the Great Depression? For ten long years, American was stuck on stupid.
christopherchantrill.com