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My Christmas Letter December 23, 2025
As I said, having a sense of humor will get you in trouble nowadays, and this whole thing would be funny if I wasn't in leg-irons.
Dear friends and family: I'm writing this Christmas missive while my court-appointed lawyer trades cryptocurrencies on his phone. He was recently laid off by an investment bank and since he's never been in court and has zero criminal justice experience, I expect my future missives will be postmarked Alligator Alcatraz. I'm in a bit of a pickle at the moment, as I was arrested near the Canadian border while attempting to beat the high tariff fees by sneaking a load of lumber across the border via an old logging road. Apparently a drone spotted me. Since it was still dark, maybe they have infrared cameras on the drones now, who knows. I might have skated through that bust except they ran some kind of scan on me and concluded I was a domestic terrorist. I know having a sense of humor will get you in trouble nowadays, but does my "Yoda for President" bumper sticker make me a terrorist? They seemed to take an uncommon interest in the Grateful Dead logo on my rear window, and since the Dead have fallen out of the culture's meme-scape, maybe they reckoned that was some secret membership sign or something. I guess I didn't do myself any favors when the interrogation started, because after a while I said, "If I had a wooden leg, would that make me a table?" Apparently my lack of online activity raised a red flag, and my explanation that I'd been banned from every Big Tech platform only stoked their suspicion. I always joked that I should watch more videos of puppies and kittens to blend in some, and I guess that's not far off the mark. If I'd viewed more videos of puppies and kittens, I might be a free man right now instead of a suspected terrorist heading for Alligator Alcatraz. After I told the interrogator to put it where the sun doesn't shine, they rigged up some AI interrogation gizmo. The male voice asked me questions, and I spun out a tall tale that yes, I was intent on bringing down the status quo with my truck and a load of lumber, and maybe the AI chatbot would like to guess how this fit into my compadres' grand plan. It did its sympathetic therapist number on me but I didn't bite, and I threw all sorts of wacky clues about the real plan at it. When it started asking me about the connection between Hannah Arendt, The Little Prince and Sugar Frosted Flakes, I reckoned it was either hallucinating or working on some mirror-universe thing that was way above my pay grade. As you know, I am often my own worst enemy, and my last clue to the AI chatbot interrogator was to mention that the whole terrorist plot was based on protecting our precious bodily fluids, and investigators should ask to speak with Colonel Batguano. As I said, having a sense of humor will get you in trouble nowadays, and this whole thing would be funny if I wasn't in leg-irons. Anyway, put a Grateful Dead skull or a Dancing Bears bumper sticker on your vehicle, if you dare.
Because yes, if you have a wooden leg, you will be taken for a table.
It turns out this quote is a paraphrase, not an actual quote: The closest in spirit and content, and also the most easily available, is from an interview with Roger Errera in 1973, what turned out to be Hannah Arendt's last public interview. Arendt spoke about the importance of a free press in an era of mass manipulation of truth and public lying: She said: "The moment we no longer have a free press, anything can happen. What makes it possible for a totalitarian or any other dictatorship to rule is that people are not informed; how can you have an opinion if you are not informed? If everybody always lies to you, the consequence is not that you believe the lies, but rather that nobody believes anything any longer. This is because lies, by their very nature, have to be changed, and a lying government has constantly to rewrite its own history. On the receiving end you get not only one lie--a lie which you could go on for the rest of your days--but you get a great number of lies, depending on how the political wind blows. And a people that no longer can believe anything cannot make up its mind. It is deprived not only of its capacity to act but also of its capacity to think and to judge. And with such a people you can then do what you please." The key point in Arendt's statement is that as lies multiply, the result is not that the lie is believed but that people lose faith in the truth and are increasingly susceptible to believe anything. When cynicism about truth reigns, lies operate not because they replace reality but because they make reality wobble--a phrase Arendt employs in her essay Truth and Politics. In that essay, Arendt argued that mass lying undermines our sense of reality by which we find our bearings in the real world: "The result of a consistent and total substitution of lies for factual truth is not that the lie will now be accepted as truth and truth be defamed as a lie, but that the sense by which we take our bearings in the real world--and the category of truth versus falsehood is among the mental means to this end--is being destroyed." The Arendtian point is that constant lying by a propaganda machine does not lead to the lie being believed but leads, instead, to cynicism. This is an argument that Arendt made, already, in her first published book The Origins of Totalitarianism. In that book, Arendt writes: "Mass propaganda discovered that its audience was ready at all times to believe the worst, no matter how absurd, and did not particularly object to being deceived because it held every statement to be a lie anyhow. The totalitarian mass leaders based their propaganda on the correct psychological assumption that, under such conditions, one could make people believe the most fantastic statements one day, and trust that if the next day they were given irrefutable proof of their falsehood, they would take refuge in cynicism; instead of deserting the leaders who had lied to them, they would protest that they had known all along that the statement was a lie and would admire the leaders for their superior tactical cleverness." New Podcasts: Insane Financial Imbalances and a Social Revolution (36:34 min) Ultra-Processed Life: Unhealthy, Addictive, Deranging, Artificial (36 min) My new book Investing In Revolution is available at a 10% discount ($18 for the paperback, $24 for the hardcover and $8.95 for the ebook edition). Introduction (free) Check out my updated Books and Films. Become a $3/month patron of my work via patreon.com Subscribe to my Substack for free My recent books: Disclosure: As an Amazon Associate I earn from qualifying purchases originated via links to Amazon products on this site. THE REVOLUTION TRILOGY: Investing In Revolution Ultra-Processed Life The Mythology of Progress Systemic Problems/Solutions Investing In Revolution (2025) Introduction (free) The Mythology of Progress (2024) Introduction (free) Global Crisis, National Renewal (2021) Introduction (free) Money and Work Unchained (2017) Introduction (free) A Radically Beneficial World (2015) Introduction (free) What You Can Do Yourself Ultra-Processed Life (2025) Introduction (free) Self-Reliance in the 21st Century (2022) Introduction (free) When You Can't Go On: Burnout, Reckoning and Renewal (2022) Introduction (free) Get a Job, Build a Real Career and Defy a Bewildering Economy (2014) Intro (free) Novels The Adventures of the Consulting Philosopher Intro (free) The Secret Life of an Asian Heroine First chapters (free) Become a $3/month patron of my work via patreon.com. Subscribe to my Substack for free Investing In Revolution print $18, (Kindle $8.95, Hardcover $24 (145 pages, 2025)
Only now do we see that we've been investing in revolution for decades--not the revolutions we thought we were investing in, revolutions in technology and finance, but in the social revolution made inevitable by the extremes that we've reached in our single-minded pursuit of private gains.
The pendulum that we've pushed to an extreme will swing to the opposite extreme, and the artifices that have propped up a facade a stability for decades will accelerate the disorder rather than reverse it. We now stand at the point of decision, and this book offers a path to a reformation and renewal that serves the shared interests of us all, not just the few. Introduction (free) Ultra-Processed Life print $16, (Kindle $7.95, audiobook, Hardcover $20 (129 pages, 2025)
Ultra-Processed Life: the substitution of a synthetic, commoditized, very profitable facsimile for what was once authentic.
Ultra-Processed Life is my term for everything that is analogous to ultra-processed snacks: attractively marketed, instantly alluring, easy to consume, addictive by design, tasty in the moment but harmful over time, its origins a black box of unknown processes, the brightly colored product bearing no resemblance to the real-world ingredients, an idealized form of what is inherently imperfect, untethered from the natural world. As with many others, the catalyst for my exploration was a life-threatening medical crisis that did not have a specific cause. This led me to wonder if our entire way of life is like an ultra-processed snack: tasty but not healthy, edible but stripped of the nutrients we need to be healthy, addictive by design. Introduction (free) The Mythology of Progress, Anti-Progress and a Mythology for the 21st Century print $20, (Kindle $9.95, Hardcover $24 (215 pages, 2024) audiobook, Read the Introduction and first chapter for free (PDF)
What if the policies to accelerate growth are no longer working because our fix for every problem--growth at any cost--is failing? We're told Progress is inevitable as a result of technology, but everyday life is getting harder, not easier--the opposite of Progress, what I call Anti-Progress.
What if the real source of the unraveling is far deeper than economics or politics? What if the problem is what we see as the inevitable destiny of humanity--Progress--is actually a modern mythology, disconnected from the real-world consequences of growth for growth's sake? We indignantly reject that Progress is a mythology, but our need for mythology hasn't gone away because we've mastered technology; we've created a modern mythology of technology that is heedless of its own consequences. To truly progress, we need a new mythology aligned to 21st century realities. Read the Introduction and first chapter for free
Recent entries: My Christmas Letter December 23, 2025 Insane Financial Imbalances and Social Revolution December 19, 2025 All the Dominant Models Are Collapsing December 17, 2025 The Wile E. Coyote Insight: What We "Know" Is More Dangerous Than the Unknown December 15, 2025 The Perilous Journey Ahead December 13, 2025 How We Fail: The Empire Is Forever December 11, 2025 Why We Fail December 9, 2025 Greed, Centralization, Monopoly, Ruin December 5, 2025 Model Collapse: The Entire Bubble Economy Is a Hallucination December 3, 2025 Why Healthcare Is in a Death Spiral: Follow the Money December 1, 2025 24 Things I'm Grateful For November 28, 2025 A Stoic's Thanksgiving Gratitude November 26, 2025
The Middle Class Is Cracking
November 24, 2025
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Mastery requires reading and doing.
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Extra-Special Bonus Aphorisms:
"There is no security on this earth; there is only opportunity." (Douglas MacArthur) "We are what we repeatedly do." (Aristotle) "Do the thing and you shall have the power." (Ralph Waldo Emerson) "Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction." (E.F. Schumacher, via Tom R.) "He who will not risk cannot win." (John Paul Jones) "When we drink coffee, ideas march in like the army." (Honore de Balzac) "Progress is not possible without deviation." (Frank Zappa, via Richard Metzger) "Victory favors those who take pains." (amat victoria curam) "The man who has a garden and a library has everything." (Cicero, via Lee Bentley) "A healthy homecooked family meal and a home garden are revolutionary acts." (CHS) "Do you know what amazes me more than anything else? The impotence of force to organize anything." (Napoleon Bonaparte) "The way of the Tao is reversal" Or "Reversal is the movement of Tao." (Lao Tzu) "Chance favours the prepared mind." (Louis Pasteur) "Success consists of going from failure to failure without loss of enthusiasm." (Winston Churchill) "Where there is ruin, there is hope for treasures." (Rumi) "The realm of gratitude is boundless." (CHS, 11/25/15) "History doesn't have a reverse gear." (CHS, 12/22/15) Smith's Law of Conservation of Risk: Every sustained action has more than one consequence. Some consequences will appear positive for a time before revealing their destructive nature. Some consequences will be intended, some will not. Some will be foreseeable, some will not. Some will be controllable, some will not. Those that are unforeseen and uncontrollable will trigger waves of other unforeseen and uncontrollable consequences. (July 8, 2014)(thanks to Lew G. for retitling the idea.) Smith's Neofeudalism Principle #1: If the citizenry cannot replace a kleptocratic authoritarian government and/or limit the power of the financial Aristocracy at the ballot box, the nation is a democracy in name only. The Smith Corollary to Metcalfe's Law (The Network Effect): the value of the network is created not just by the number of connected devices/users but by the value of the information and knowledge shared by users in sub-networks and in the entire network. (CHS, 4/6/16) My Credo of Liberation: I no longer care if the power centers of our society--the distant, fortified castles of our financial feudal system--are changed by my actions, for I am liberated by the act of resistance. I am no longer complicit in perpetuating fraudulent feudalism and the pathology of concentrated power. I no longer covet signifiers of membership in the Upper Caste that serves the plutocracy. I am liberated from self-destructive consumerist-State financialization and the delusion that debt servitude and obedience to sociopathological Elites serve my self-interests. (Thank you, Klaus-Peter L., for reminding me) "We've become a culture of excuses rather than solutions: solutions always require sustained effort and discipline." (CHS 4/9/16) "Fraud as a way of life caters an extravagant banquet of consequences." (CHS 4/14/16) "Creativity = problem solving = value creation." (CHS 6/4/16) "Truth is powerful because it is the core dynamic of solving problems." (CHS 7/21/17) "We live in a system of human emotions that masquerades as a science (economics)." (CHS 1/1/18) "Always remember, your focus determines your reality." (George Lucas) "Diversity is for poor people. Sameness is for the successful." (GFB) "When power dissipates suddenly, it dissipates completely." (CHS 7/14/19) "Disobedience is the true foundation of liberty. The obedient must be slaves." (Henry David Thoreau) "Markets cannot price in the value of non-monetized natural assets such as diverse ecosystems." (CHS 7/14/19) "Magical thinking isn't optimism, it is folly." CHS 1/3/22) "Tune in (to self-reliance), drop out (of hyper-consumerism and debt-serfdom) and turn on (to relocalizing capital and agency)." (CHS 1/5/22) "The path to everything you desire starts here: like yourself as you are right now." (CHS 11/20/22) "There are only two signals: how many essentials you produce and share and if you're consuming less with better results. Everything else is noise." (CHS 12/17/22) "Liberation is no longer needing any confirmation or feedback from others or the world for one's sense of self. Wealth, fame, recognition, admiration, praise, prestige, approval, sainthood, martyrdom, success: none are needed, none are desired." (CHS 12/26/22) "When fame, wealth, prestige, status and glory are out of reach, you're free to pursue other more valuable things." (CHS 2/6/22) "It is the sacred duty of every activist who seeks to better their community to grow and share as much life-giving food as is humanly possible." (CHS 6/15/23) "Being anonymous, gray and unknown is the ideal state of freedom." (CHS 3/15/24) "We seem to have entered a world of anti-leisure and anti-productivity in which the unpaid shadow work demanded to keep all the complicated digital bits in motion obliterate our leisure and productivity." CHS (5/22/24) "It is axiomatic that failing systems work the best just before they fail catastrophically." Ray W. "Looking younger is mere technique; thinking younger demands creativity." CHS (10/16/24) "Tell me what's taboo and I'll tell you the truths that threaten the status quo." CHS (12/15/24) "This is the core of the Attention Economy: the ultimate addiction is the addiction to ourselves." CHS (1/28/25) "If You Seek the Truth, Look for What's Taboo." CHS (7/18/25) "My definition of self-reliance: the less you need, the easier it is to get what you need." CHS (7/26/25) "Mastery requires reading and doing." CHS (7/28/25) "The replacement of authentic value, quality, agency, choice, trust, legitimacy and experience with self-serving facsimiles is the key dynamic of Ultra-Processed Life, my term for the present-day human condition." CHS (8/12/25) "Ultra-Processed Life replaces an authentic experience with a synthetic, simulated, commoditized, highly profitable version that's superficially attractive but destructive over the long term." CHS (8/12/25) "What we see everywhere is the replacement of authentic things--including democracy--with synthetic facsimiles designed to maintain the illusion of choice and value." CHS (8/12/25) "Sometimes certainty is the enemy we don't even see and uncertainty is our most faithful ally." CHS (9/20/25) |
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