The Remnant with Jonah Goldberg cover image

The Remnant with Jonah Goldberg

Keynesian Kayfabe

Mar 5, 2025
Journalist and market research analyst Ross Benes dives into his book, which explores the cultural landscape of 1999. He draws intriguing parallels between beanie babies and the rise of cryptocurrency. The discussion reveals how WWE's political triumph marked a shift in media perception and the age of deregulation. They dissect moral panics, the evolution of consumer culture, and the blurred lines between entertainment and reality, ultimately reflecting on how lowbrow culture continues to shape modern society.
01:05:53

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The 1990s' low culture, exemplified by reality TV, has sculpted contemporary political dynamics towards sensationalism over substance.
  • Beanie Babies represent a harbinger of today's speculative investing behaviors, illustrating humanity's recurring obsession with collectible fads.

Deep dives

The Impact of Low Culture in Politics

The influence of low culture, particularly from the 1990s, is evident in today's political landscape, as contemporary politics mirrors the sensationalism and drama of reality TV and talk shows from that era. The discussion suggests that leadership styles frequently resemble the outrageous behavior displayed in shows like Jerry Springer, indicating a cultural shift towards valuing entertainment over substantive governance. This trend is exemplified by the rise of figures who leverage charisma and controversy for political gain, akin to reality stars. Therefore, the current political sphere reflects not just a changing political environment but an overarching low culture that has taken hold in various aspects of society.

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