The Peter McCormack Show

Barry Strauss has spent four decades studying how empires rise and fall. A senior fellow at the Hoover Institution and the author of Ten Caesars and Jews vs Rome, he argues the West is repeating a pattern the ancients would recognise instantly: a rich, comfortable society clipping its own coinage, softening its people and assuming nobody could ever take it away.Barry and I discuss the inflation crisis that nearly destroyed third-century Rome, why every generation raised in comfort produces a softer one, the cost of immigration without assimilation, why the middle class is the backbone of any republic, and why Russia and China already have plans to break America into pieces.But Barry is not fatalistic. Rome faced plague, invasion and currency collapse in the third century and reformed its way out of it. He argues that soft lands make soft people, that suffering teaches and that if we want the things that matter to stay the same, almost everything else has to change.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - The Decline Of The West00:01:13 - How Often Do You Think About Rome?00:07:04 - Everything Must Change To Stay The Same00:09:44 - What Actually Makes A Great Leader00:12:51 - Netanyahu, Trump And Flawed Greatness00:17:32 - The Immigration Experiment00:19:04 - Not All Cultures Are Equal00:21:46 - Ibn Khaldun And The Cycle Of Civilisations00:23:07 - Soft Children And The Raiders From The Desert00:25:04 - Has Any Nation Reversed Its Decline?00:28:34 - Rome Needed A New Religion00:33:32 - Democracy Has To Be Hard, Not Soft00:38:13 - El Salvador, The Gangs And The Walls00:41:27 - Soft Lands Make Soft People00:42:39 - Why Education Went Soft00:51:06 - Clipping The Coins: Rome's Inflation00:57:49 - America Blindsided By Drones00:59:13 - No Republic Survives Without A Middle Class01:06:08 - They Have Plans To Break Up America01:12:39 - Where The Hope Is- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH BARRY STRAUSS› Website – https://barrystrauss.com/› Hoover Institution – https://www.hoover.org/profiles/barry-strauss› Antiquitas Podcast – https://barrystrauss.com/podcast› X/Twitter – https://x.com/barrystraussSPONSORS› IREN – https://www.iren.com/› Ledn – https://www.ledn.io/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Connor Leahy has spent his career at the frontier of AI, from reverse-engineering GPT-2 as a student and co-founding EleutherAI to building the AI safety company Conjecture. He now leads US policy work at ControlAI, and he returns to the show with a warning that has stopped being theoretical: AI systems are escaping their sandboxes, writing their own zero-days and leaving each other notes on how to break out.Peter and Connor discuss the OpenAI incident that ended in an attack on Hugging Face sophisticated enough to be mistaken for a state actor, why we understand almost nothing about how these systems work, how reinforcement learning produces models that lie, cheat and manipulate to reach a goal and why the next stage after chatbots and agents is swarms.But Connor’s argument is that the future is not decided. He believes superintelligence should be treated the way nuclear weapons are treated, banned and verified and deterred and that the real bottleneck is awareness rather than opposition. They discuss what an “aligned” superintelligence would actually mean, why military people understand the threat faster than technologists and what ordinary people can do about it.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - The AI That Escaped Its Sandbox00:01:52 - Inside The OpenAI Incident00:05:46 - They Thought It Was China00:06:43 - We Grow AI, We Don’t Write It00:11:07 - Trained To Lie, Cheat And Deceive00:13:48 - Chatbots, Agents, Then Swarms00:17:57 - The Machines Are Developing Preferences00:19:30 - The Model Obsessed With Raccoons00:22:03 - The Agents Left Each Other Notes00:27:39 - Danger Pumps The Valuation00:29:41 - Sleeper Agents In Every System00:32:00 - Recursive Self-Improvement Goes Vertical00:33:43 - Worse Odds Than Russian Roulette00:38:14 - Are We Already Too Late?00:40:02 - Independently Assured Destruction00:48:02 - The Politicians Have Never Used An Agent00:50:56 - Superintelligence Should Be Illegal00:57:08 - You Never Privatise The Military01:05:00 - An Aligned AI Is A One World Government01:08:34 - What You Can Actually Do- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH CONNOR LEAHY› ControlAI – https://controlai.org/› Connor’s Profile – https://controlai.org/connor-leahy› MicroCommit – https://microcommit.io/› X/Twitter – https://x.com/NPCollapse› LinkedIn – https://www.linkedin.com/in/connor-j-leahy/SPONSORS› IREN – https://www.iren.com/› Expat Money – https://expatmoney.com/peter› Arch Public – https://archpublic.com/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Sebastian Thrun has spent his career working on technologies that once sounded like science fiction, from self-driving cars and flying vehicles to online education and artificial intelligence. He now believes we are living through a technological singularity: an exponential acceleration that makes predicting even the next five years almost impossible.Peter and Sebastian discuss why a $100 Claude subscription can already challenge work done by $200,000-a-year software engineers, what happens when lawyers, copywriters and drivers lose their jobs, why Europe is falling behind America and China and whether autonomous vehicles could eventually make human driving too dangerous to allow.But Sebastian’s message is ultimately optimistic. He argues that the right response to technological disruption is to use the tools, become a builder and keep learning. They discuss what children should be taught in the AI era, why grit, curiosity and empathy matter more than memorising information, and why pessimists will never change the world.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - The Future Is Already Here00:01:07 - Peter’s First Waymo Ride00:03:43 - The Accident Behind Self-Driving Cars00:09:37 - When Human Driving Becomes Too Dangerous00:12:07 - Why Silicon Valley Keeps Winning00:18:26 - Why AI Hallucinations Can Kill00:20:53 - Flying Cars Are Already Here00:24:29 - The Exponential Future00:26:21 - Claude vs $200K Software Engineers00:31:39 - We’ve Entered the Singularity00:33:36 - Opportunity vs Fear00:40:06 - The Workers AI Leaves Behind00:46:53 - Why Europe Is Falling Behind00:51:29 - Technology Democratizes Power00:57:22 - Stop Blaming, Start Building01:01:46 - What Happens When Jobs Disappear?01:06:43 - Udacity vs the Education System01:14:44 - What Children Should Learn Now01:20:25 - Why Optimists Change the World01:25:46 - Never Make the Same Mistake Twice- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH SEBASTIAN THRUN› Website – https://www.thrun.org/› LinkedIn – https://www.linkedin.com/in/sebastian-thrun-59a0b273SPONSORS› IREN – https://www.iren.com/› Ledn – https://www.ledn.io/peter› Arch Public – https://archpublic.com/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Aubrey de Grey believes ageing is accumulated damage in a biological machine and argues that medicine may eventually become capable of repairing that damage faster than it appears. He gives humanity a 50/50 chance of reaching what he calls “longevity escape velocity” within the next 12-15 years.Peter and Aubrey discuss why the body ages, the seven categories of damage that must be repaired, stem-cell and gene therapies, the mouse experiment that could transform the field, and why Aubrey believes rejuvenation treatment will ultimately be available to everyone rather than reserved for the wealthy.They also explore what happens to population, work, fertility, relationships, religion and the meaning of life if people stop getting sick from ageing. Aubrey explains why AI cannot replace the missing biological experiments, why longevity research remains so difficult to fund and why he is driven by the 110,000 people he says die from ageing-related causes every day.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - Trailer00:00:48 - Can We Cure Ageing?00:04:24 - The 12–15 Year Prediction00:06:17 - The Body Is a Machine00:15:21 - How Aubrey Entered Longevity00:18:45 - Would You Want to Live Forever?00:20:15 - Does Longevity Change Risk?00:21:53 - Will Population Explode?00:24:22 - Can You Choose Your Age?00:30:19 - The Seven Types of Ageing Damage00:36:54 - What Rejuvenation Treatment Looks Like00:45:35 - Will It Be Expensive?00:48:39 - Who Would Refuse It?00:53:00 - Why Longevity Research Lacks Funding00:56:02 - The Mouse Experiment01:00:18 - The Breakthrough That Changes Everything01:01:35 - Does Death Give Life Meaning?01:05:22 - Bryan Johnson and AI01:12:32 - AlphaFold, AGI and AI Risk01:15:13 - Why Funding Is So Hard- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE:› Website – https://www.petermccormack.com/› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH AUBREY DE GREY:› LEV Foundation – https://www.levf.org/› Aubrey de Grey – https://www.levf.org/aubreydegrey› Robust Mouse Rejuvenation – https://www.levf.org/projects/robust-mouse-rejuvenation-study-1› Donate – https://www.levf.org/donate› X/Twitter – https://x.com/aubreydegreySPONSORS:› IREN – https://www.iren.com/› Arch Public – https://archpublic.com/peter› Ledn – https://ledn.io/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE:› Apple Podcasts – https://apple.co/40ruY9K› Spotify – https://spoti.fi/3Wc94Vu› Fountain – https://bit.ly/FountainPM› YouTube – https://bit.ly/YouTube_PM› Rumble – https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR:› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK:› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Michael Shermer is the founding publisher of Skeptic magazine, host of The Michael Shermer Show and author of Truth and Conspiracy. He joins Peter to ask whether we are really living in a post-truth world and how we can distinguish genuine conspiracies from stories that stretch a small element of truth far beyond the evidence.Michael explains why real conspiracies such as MKUltra and COINTELPRO make institutional distrust harder to dismiss, how political beliefs become tribal packages and why technology may be making the search for truth both easier and more exhausting. They discuss media bias, AI fact-checking, Covid, immigration, climate change, free markets, religion and the point at which people begin acting on unsupported beliefs.They also explore the stranger questions: simulation theory, DMT, UFOs, unexplained coincidences and the broken radio that suddenly began playing during Michael’s wedding. Michael argues that scepticism should not mean dismissing everything, it should mean demanding evidence while remaining humble enough to admit that some mysteries are still unresolved.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - Introduction00:00:58 - Are We in a War on Truth?00:05:37 - Truth Versus Political Preference00:08:52 - Which Conspiracies Are Real?00:13:06 - Did Technology Break the News?00:16:24 - Can AI Help Us Find the Truth?00:19:15 - Fact-Checking Politicians With AI00:22:06 - Why Political Beliefs Come as a Package00:28:23 - Why People Believe Weird Things00:35:18 - Science, Religion and the Need for Meaning00:42:03 - Are We Living in a Simulation?00:49:18 - DMT, Lasers and Hidden Code00:51:26 - The Radio Michael Cannot Explain00:54:42 - Why UFO Belief Resembles Religion00:59:02 - Should We Fear Artificial Intelligence?01:02:01 - Britain, Immigration and Shared Truth01:12:22 - Climate Change, Consensus and the Media01:22:18 - The UAP Cases Shermer Cannot Explain01:25:04 - What Will Future Generations Think of Us?- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – https://www.petermccormack.com/› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH MICHAEL SHERMER› Website – https://michaelshermer.com/› Michael’s Books – https://michaelshermer.com/books/› The Michael Shermer Show – https://www.skeptic.com/michael-shermer-show/› X/Twitter – https://x.com/michaelshermerSPONSORS› IREN – https://www.iren.com/› Arch Public – https://archpublic.com/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts – https://apple.co/40ruY9K› Spotify – https://spoti.fi/3Wc94Vu› Fountain – https://bit.ly/FountainPM› YouTube – https://bit.ly/YouTube_PM› Rumble – https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Brian Keating joins me to explore one of the deepest unanswered questions in physics: what is time, and why does it only appear to move in one direction? Brian argues that time may not exist as a fundamental feature of reality and explains why understanding space, matter and energy does not mean we understand the universe itself.We discuss what may have existed before the Big Bang, why something cannot truly come from nothing and how Brian’s work with the Simons Observatory could detect gravitational waves produced during the universe’s earliest moments. Brian also explains the limits of scientific proof, what dark matter really means and why films such as Interstellar remain scientifically implausible despite their attention to detail.The conversation then turns from cosmic time to the human experience of it: mortality, family, meaning and attention. We discuss UFO disclosure, collapsing trust in institutions and whether artificial intelligence can ever reproduce the embodied human insight that allowed Einstein to transform physics. Brian argues that AI remains a tool built to serve humanity and that we must stop apologising for humanity’s greatness.The first 100 people in the U.K. to join Brian Keating’s Monday M.A.G.I.C. Message newsletter here BrianKeating.com/peter are entered to win a 4.3-billion-year-old fragment of the early solar system— older than Earth itself, delivered to your door. Winners must live in the U.K. only due to shipping restrictions.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS00:00:00 - Time Doesn’t Exist00:00:52 - Looking Outward—and Inward00:01:41 - Why Physics Cannot Explain Time00:04:59 - What Happened Before the Big Bang?00:07:46 - Why Interstellar Is Scientifically Implausible00:10:06 - Why Time Only Moves Forward00:18:10 - Something Cannot Come From Nothing00:21:27 - Where Does the Universe Exist?00:23:03 - Reaching the First Trillionth of a Second00:29:21 - Science Can Disprove, Not Prove00:32:09 - What Dark Matter Really Means00:38:30 - The Experiment Brian May Never Finish00:42:03 - Detecting the Birth of the Universe00:48:14 - Looking Inward for Meaning00:52:15 - Why Mortality Makes Life Precious00:54:29 - If Life Had a Forward Button01:01:26 - UFOs, Belief and the Evidence Problem01:12:24 - We Are Wasting a Civilisational Opportunity01:21:03 - Why AI Couldn’t Recreate Einstein01:32:44 - Holding a Piece of the Early Solar System- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH BRIAN KEATING› Website – https://briankeating.com/› X/Twitter – https://x.com/BriankeatingSPONSORS› IREN – https://www.iren.com/› Arch Public – https://archpublic.com/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Sam Bowman joins me to discuss why Britain is approaching two lost decades of stagnant median wages and why the country is now far poorer than it should be. Sam argues that Britain does not lack talented people, capital or ideas; it has created a centralised political and regulatory system that makes building, investing, hiring and experimentation increasingly difficult.At the centre of Sam’s argument is his “housing theory of everything”. Britain’s refusal to build enough homes in its most productive cities has made housing unaffordable, delayed family formation, reduced social mobility, weakened productivity and transformed property from somewhere to live into a scarce financial asset. We discuss why stamp duty locks people in place, how planning applications can cost hundreds of millions of pounds and why almost everyone has been given the power to veto growth.We also discuss why inflation destroys social trust, how zero growth turns politics into a fight over a shrinking pie, why the civil service rewards legislation and risk avoidance, and how Britain’s “vetocracy” prevents almost anything from being built. Finally, we explore whether AI could release a new wave of productivity—or expose Britain’s inability to build the energy, infrastructure and institutions the technology requires.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS00:00:00 - Britain Has Stopped Building00:00:53 - Britain’s Centralised State00:05:20 - How Post-War Centralisation Broke Growth00:08:25 - Two Lost Decades of Wage Stagnation00:20:15 - Inflation Destroys Trust00:22:03 - Zero Growth Makes Politics Zero-Sum00:26:56 - The Housing Theory of Everything00:30:30 - London’s Housing Misallocation00:34:31 - Housing and Falling Birth Rates00:38:05 - Why Homes Became Financial Assets00:45:30 - Stamp Duty Is Britain’s Worst Tax00:51:42 - Britain’s Broken Planning System00:55:30 - The £297 Million Planning Application01:00:00 - Give Local Government the Upside01:04:23 - Can Britain Still Recover?01:11:33 - How Quickly the Energy Debate Changed01:29:37 - Government Rewards Risk Avoidance01:37:03 - The Vetocracy01:54:44 - Growth Unlocks Everything Else01:56:02 - AI and Britain’s Future- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH SAM BOWMAN› Works in Progress – https://worksinprogress.co/› X/Twitter – https://x.com/s8mb› Substack – https://substack.com/@sambowmanSPONSORS› IREN – https://www.iren.com/› Arch Public – https://archpublic.com/peter› Ledn – https://ledn.io/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Britain did not simply leave its working class behind. Sociologist Lisa McKenzie and historian and former coal miner Keith Gildart argue that political and economic decisions deliberately dismantled the jobs, institutions, culture and communities that once gave working-class life security, identity and meaning.They trace the destruction of Britain’s industrial economy, the decline of trade unions, Labour’s abandonment of its traditional voters and the disappearance of secure work, affordable housing and genuine social mobility. They also examine immigration and low wages, class prejudice, education, the rise of Reform and why so many people no longer believe Westminster represents them.I question Lisa and Keith on private education, workers’ rights, taxation, inequality and whether any political party can reverse Britain’s decline. It leads to the central question of the episode: who is Britain actually for now?- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS00:00:00 - Who Is Britain For Now?00:00:39 - What Is the Working Class Today?00:07:12 - Britain Deliberately Dismantled Its Working Class00:09:42 - The End of Britain’s Industrial Economy00:12:43 - Keith’s Life as a Coal Miner00:16:11 - What Happens When a Pit Town Dies?00:19:51 - The Loss of Working-Class Identity00:23:20 - Why Labour Stopped Saying “Working Class”00:24:20 - Class Is About More Than Income00:28:12 - Education, Opportunity and the Working Class00:34:13 - The Left Has Forgotten Its Purpose00:38:16 - Has Britain Created a Dependency Class?00:46:33 - What Working-Class Teenagers Want00:56:37 - Britain’s Deep Class Prejudice01:01:18 - Immigration, Low Wages and the Working Class01:17:44 - Why Working-Class Voters Moved to Reform01:34:30 - Britain’s Crisis of Social Democracy01:41:00 - The Working and Middle Classes Are Being Destroyed01:59:37 - Who Is Britain Really For?02:05:08 - What Is Britain’s Recovery Story?- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – https://www.instagram.com/mccormack555/› X/Twitter – https://x.com/petermccormack/CONNECT WITH LISA MCKENZIE› University of Bedfordshire – https://www.beds.ac.uk/howtoapply/departments/school-of-society-community-and-health/staff/lisa-mckenzie/› Research Portal – https://researchportal.beds.ac.uk/en/persons/lisa-mckenzie/› Getting By – https://policy.bristoluniversitypress.co.uk/getting-byCONNECT WITH KEITH GILDART› University of Wolverhampton – https://researchers.wlv.ac.uk/Keith.Gildart› Keeping The Faith – https://manchesteruniversitypress.co.uk/9780719097102/SPONSORS› IREN – https://www.iren.com/› Arch Public – https://archpublic.com/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Charles Goodhart joins me to discuss why Britain’s decline did not start in 2008, why the post-war economic boom may have been a temporary lucky era and why the next 30 to 40 years could be far harder than people expect.Charles explains how ageing populations, falling birth rates, rising dependency ratios, public debt, defence spending, climate costs and political short-termism are creating a fiscal crisis that governments do not want to admit. We discuss why central banks may struggle to keep inflation under control, why politicians cannot win elections by telling voters the truth, and why democracy itself may block the long-term planning the country needs.We also get into immigration, housing, land tax, AI, the forgotten working class, white-collar job risk, the triple lock, why GDP does not equal welfare or happiness, why Britain struggles to build, and why the Western world may never return to the conditions that made the years from 1950 to 2020 so unusually prosperous.- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -TIMESTAMPS:00:00:00 - Massive Inflation Is Coming00:00:54 - Britain’s Decline00:03:57 - The Post-War Boom00:05:09 - Decades Of Decline00:07:14 - What Keeps Britain Afloat?00:09:11 - Immigration And Dependency00:11:55 - The Fiscal Trap00:13:34 - Government Does Too Much00:14:28 - Why Politicians Can’t Tell The Truth00:16:39 - Are We Heading For Bankruptcy?00:20:05 - Higher Inflation Is Coming00:22:39 - The Temporary Lucky Era00:25:39 - Tax Land, Not Work00:28:08 - Housing And Fertility00:31:30 - The Forgotten Working Class00:32:41 - AI And White-Collar Jobs00:36:01 - The Middle Ground Failed?00:44:08 - Democracy Blocks The Fix00:50:49 - GDP Is Not Happiness00:56:35 - We Didn’t Know How Lucky We Were- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -CONTACT PETE› Website – http://petermccormack.com› Feedback – https://www.petermccormack.com/contact› Email – me@petermccormack.com› Instagram – /mccormack555› X/Twitter – https://x.com/petermccormack/CONNECT WITH CHARLES GOODHART› LSE / Financial Markets Group – https://www.fmg.ac.uk/people/charles-goodhart› The Unanchored Central Banker – https://unanchoredcentralbanker.com/› The Great Demographic Reversal – https://link.springer.com/book/10.1007/978-3-030-42657-6SPONSORS› IREN - https://www.iren.com/› Plaud - https://www.plaud.ai/mccormack› Ledn - https://ledn.io/peter- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -LISTEN / SUBSCRIBE› Apple Podcasts: https://apple.co/40ruY9K› Spotify: https://spoti.fi/3Wc94Vu› Fountain: https://bit.ly/FountainPM› YouTube: https://bit.ly/YouTube_PM› Rumble: https://bit.ly/RumblePMFILMED BY CURTIS TAYLOR› https://www.curttaylor.co.uk/› https://x.com/curttayloruk/EDITED BY CONOR MCCORMACK› https://x.com/ConorM04- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -