Upthinking Finance™ is now trademarked
Today’s guest is Charles Hugh Smith, a returning voice of insight and critique. As the founder of the long-running blog OfTwoMinds and a published author, Charles has explored the intersections of society, economics, and technology since 2005. His thought-provoking work is featured across platforms, including Patreon and Substack. Today's interview explores how growing economic inequality and loss of opportunity in America have fueled cultural fragmentation, political polarization, and a crisis of identity, creating a need for value-driven social change.
Charles explains that public discourse has become dangerously polarized, with people retreating into ideological camps and rejecting compromise. He highlights how America has become increasingly divided economically, geographically, and generationally. This "us vs. them" mentality replaces honest discussion with coercion and moral superiority, which stifles real engagement. He connects this to hypernormalization, a societal state where everyone knows the system is broken but continues pretending otherwise, avoiding the hard truths that real change requires.
America’s divide isn’t just political, its division is rooted in real economic and generational inequalities. Charles explains how older generations and urban elites benefited from globalization and cheap assets, while younger and rural Americans were left behind. As opportunity shrinks, people seek identity and purpose in cultural or political tribalism. This fuels resentment, virtue signaling, and a sense of powerlessness that further fragments society.
Real change starts with people, not the government. Looking at U.S. history, especially in the 1960s and '70s, it was regular people who changed their values first, like caring about the environment, and only then did the government respond. So the process of change goes: values shift, then priorities shift, then systems and incentives follow. Institutions are slow and often driven by old interests, so if we want real progress, it has to come from individuals rethinking what matters. Charles encourages people to keep speaking on it, offering better ideas in hopes of slowly changing minds and, eventually, the system.
Charles Hugh Smith is not affiliated with or endorsed by LPL Financial or Capital Investment Advisers.
Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.
The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
