Episode 238: The Third Estate Rising
February 20, 2024
Central Thesis
Advertising corrupts media by favoring elite interests and suppressing populist voices, furthering a neo-feudal social structure where economic inequality is amplified and genuine political representation is undermined.
Key Arguments
- Truth Decay fuels control: Jim argues that a decline in factual reporting, as described by RAND Corporation, is exploited by the "clerisy" to uphold the neo-feudal order.
- Neo-feudalism structure: The host explains Kotkin's framework of neo-feudalism, comparing today's oligarchy, clerisy, and yeomanry to the feudal estates. He suggests that the concentration of land ownership and the diminishing middle class are signs of this emerging feudal structure.
- Advertising supports oligarchy: Jim emphasizes that advertising revenue sustains the mainstream media, which in turn supports the interests of the first estate and suppresses populist dissent, thus directly connecting his attack ad concept to neo-feudalism.
- Technology as control: Jim argues that the promise of technology as a democratizing force has been undermined, as it has become a tool for surveillance and advertising, serving the interests of the oligarchy.
- Class and inequality explained election result: Galbraith's research is cited to show how rising inequality in states, with high-income enclaves of finance, technology, insurance, and government contracts, heavily determined the 2016 election result.
Notable Passages
- "We are so often taken by advertisers. Gentlemen of massive verbal persuasion. In order to make your neighbors envious, you must drive this type of car. In order to... In order to be lovely to love, you must wear this kind of perfume. It's sad to say that the nation in which we live is the supreme culprit."
- "Given the choice, I'd rather be merely churlish. But still, yikes."
- "People are not problems to be solved. People are not problems to be solved. People are not problems to be solved. People are not problems to be solved. People are not problems to be solved. People are not problems to be solved. All you can do is figure out a civilized accommodation with them."
- "And for the rest of us, fucks everything right the fuck up."
Rhetorical Approach
Jim uses a conversational, almost ranting, style to connect disparate ideas. He incorporates historical references, academic sources, and popular culture examples (Jimmy Fallon) to bolster his claims. He relies on analogy, framing modern society through the lens of feudalism, to make his points more accessible. He frequently apologizes for tangents.
Connections
- References: Episode 236: Madison's Farcical Tragedy (agnotology), Episode 144 (thought leader three-step), Episodes 75 and 80 (lower education and textbook examples), Episode 235: A Winkling In The Making (A Winkling in the Making), Episode 218: Why (r > g) Matters (Why R is Greater Than G Matters), Episode 222: The Most Important Invention Ever (the most important invention ever), Rand Corporation's "Truth Decay", Joel Kotkin's "The Coming of Neo-Feudalism", William Rosen's "The Most Powerful Idea in the World", James Galbraith's "Inequality in the 2016 Election Outcome", Upton Sinclair, Barrington Moore.