On The Record (10-27-26).

This week we celebrated 99 years of stubborn optimism with Max’s father-in-law, and took seriously his assessment that it’s 1932, with all the chaos and heartache that implies before something better emerges on the other side. Then we dug into the Anthropic prospectus, which confirms what we’ve been saying: it’s not the railroad or the internet, it’s an accelerant to monopolization, greasing the wheels for the companies that are already winning while the rest of the economy starves. The greatest misallocation of capital in history, right on schedule. Chapters Intro: 00:00:45 Quick Takes: 00:01:26 Phone A Friend: 00:07:52 Memberships: 00:11:03 Max Notes: 00:12:41 Killer Left Take of the Week: 00:26:13 Outro: 00:27:54 Resources The Kiffness: Donald Trump BURP REMIX! Matthew McConaughey On Instagram CNN: What a photojournalist learned after being beaten by Jewish settlers American Redact: Ethan Klein’s Cheating Scandal is Worse Than You Think NBC News: Ramaswamy ad puts Acton’s estranged mother in spotlight as records reveal family’s troubled past Reuters: France’s Le Pen launches presidential bid as protests rattle the nation Mother Jones: Lula’s Surprise Win Blocks Trump’s Push for a Far-Right Brazil Anand Giridharadas: Man in the Mirror: Hope, Struggle, and Belonging in an American City Bloomberg: Anthropic Mum on Investment Grade as It Warns of More Debt The Noble Update: This is going to be the biggest misallocation of capital in history Bell System Memorial: A Capsule History of the Bell System Enclyopedia.com: Surviving the Great Depression Butler Eagle: How did there get to be a ‘Big 3’? More Perfect Union: We Went To Rural Florida: The Healthcare Crisis Will Shock You UNFTR Resources Video: On The Record 10-27-26 (What My 99 Year Old Father in Law Taught Me About Technological Revolutions.) Essay: Anthropic’s IPO Is Very Silly. Video: Phone A Friend: Anand Giridharadas -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility Intro music by Hold Fast. Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.