Nostalgia Trap

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Does economic crisis predictably produce extreme political movements? History's lessons are a bit unclear on that point and, as we investigate in this episode, the summer of 2026 is testing our understanding of the relationship between political economy and social reality. Strap in, folks: we just found a new planet hiding behind the sun!

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As a wave of Mamdani-supported COMMUNISTS win power in New York, Justin and I ask the question that's on everyone's minds: is this the future of the Democratic Party? And more importantly, what will American politics look like in the wake of the Trump era?

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With news that Elon Musk in the world's first trillionaire after the historic SpaceX IPO, Justin joins me to discuss the financial gamesmanship at work in the AI industry, the planetary limits of this particular phase of capitalism, and the reasons why the #TeslaTakedown moment is long in the past.

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Since the Iran war began many weeks ago, it feels like we're living in some kind of surreal rhetorical purgatory. Surveying the wider news landscape, though, a wider pattern emerges, and a "Charlie Brown" analogy reveals something a bit darker hidden in our collective basement.

It's the best of times and the worst of times, as average Americans are paying more for pretty much everything while the stock market breaks records. What's up with that? Justin joins us this week to talk about the contradictions currently bracing up the global economy, as we map out how the Ukraine and Iran Wars are reshaping global power and the outlook for everything from gas and food prices to the "AI bubble." Plus, our usual speculations on the possibilities for progressive politics and leftist revolution within this particular social and economic climate. BUY BUY BUY or SELL SELL SELL?
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