Charles Hugh Smith

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Of Two Minds Essentials

An Of Two Minds Essentialsm is a sharply focused discussion of one of the core issues of our era. While each is a stand-alone book, the Essentialssm shed light on the new socio-economic era we are entering. The Essentials are compact (less than 30,000 words) and affordable (less than $4 for ebooks and less than $9 for print editions).


The CLIME Project

Books at

youtube Charles H Smith - A summary of my work: two questions

youtube Why the Deep State Is Dumping Hillary - September 26, 2016

In my view, the current era of U.S. history shares parallels with the Roman era of A.D. 9 and beyond, when a planned expansionist invasion of the Danube region in central Europe led to military defeats and insurgencies that took years of patient warfighting and diplomacy to quell.

        Survival+: Structuring Prosperity for Yourself and the Nation
        October 30, 2009
        by Charles Hugh Smith 
        ISBN-10: 1449563449
        ISBN-13: 978-1449563448
 January 23, 2017 - The Collapse of the Left Monday, January 23, 2017 - The Protected, Privileged Establishment vs. The Working Class We Need a Social Economy, Not a Hyper-Financialized Economy - July 28, 2017

Why is the community economy so important? The community economy is first and foremost the engine of social capital, which is the source of opportunity and widely distributed wealth.


Corporations cannot replace communities for the simple reason each organization has different purposes and goals. The sole purpose and goal of a corporation is to expand capital and profits, for if it fails to do so, it falters and expires.

The purpose of a community is to preserve and protect a specific locale by nurturing social solidarity: the sense of sharing a purpose with others, of belonging to a community that is capable of concerted, collective action on the behalf of its members and its locale.

Political scientist Robert Putnam has described this structure as a web of horizontal social networks. Unlike corporations and the state, community economies are horizontal networks, i.e. networks of peers connected by overlapping memberships and interests.

It is not accidental that the current system of hierarchical corporations, banks and the state increases inequality and erodes the community economy: the only possible output of low social capital is rising inequality. Why Is Bitcoin a Big Deal? - October 31, 2017

To grasp the significance of these four characteristics, we have to go back to the early history of modern capitalism. My longstanding recommendation is to start with Fernand Braudel’s 3-volume history, Civilization and Capitalism, 15th-18th Century:

The Structures of Everyday Life (Volume 1)

The Wheels of Commerce (Volume 2)

The Perspective of the World (Volume 3)