This is a headgum podcast. I don't know what to think I don't know what to say

and that's all right that's okay

I don't know anything.

Hello and welcome to Factually. I'm Adam Conover. Thank you so much for joining me on the show again.

You know, the economic system that we call capitalism has gotten

pretty weird. Think about the capitalism that we started with you know a hundred years

ago when jerks in top hats with monocles built untold wealth by making things like coal, steel, and railroads

and colluding to protect their gains. Well guess what? The workers had to fight back.

They had to rise up and make sure they weren't being exploited. The government

started regulating those businesses a little bit. Things got a little bit better.

We still had a lot of problems, but that was capitalism as we knew it, right?

Well, that form of capitalism seems to be straight up gone instead we're living under something extremely weird

The economic system that dominates the world today is run by massive tech companies that have a

thousand fingers in a thousand pies online marketplaces social media

platforms artificial intelligence even TV and film studios.

These companies surveil us in ways that would make the CIA blush,

and then they crunch all of our personal data

through algorithms that are so complex that even they do not

understand how they work, and they do it in order to

feed us manipulative advertisements and control our behavior and here's the

weirdest part these monopolistic polymorphous mega entities increasingly do not even make anything at all.

Instead, they just sit there extracting rent from us the consumers and the people who are trying

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