Varn Vlog

From Dawn to Decadence, Part 5

Feb 2, 2026
Jason, a recurring Regrettable Century contributor who debates decadence and social reproduction, and Chris, a Regrettable Century interlocutor focused on geopolitics and political economy, dig into decadence as a live condition. They map military hollowing, shifting imperial reach, falling profit rates and fictitious capital. They also discuss cultural inflation, elite overproduction, and the collapse of social reproduction.
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INSIGHT

Multipolarity As Imperial Retrenchment

  • Imperial multipolarity often looks like retreating empires asserting regional influence rather than true equal multipolar cooperation.
  • Trump-era tactics can accelerate rival alignments rather than replace US global power.
INSIGHT

Shifting Global Trade And Alternate Modernities

  • Blue-water trade and ambitious projects like Belt and Road are slowing, reshaping global power without simply replacing Western hegemony.
  • BRICS offers an alternative capitalist modernity rather than an identical substitute to Western development.
INSIGHT

Fictitious Capital Masks Falling Profits

  • Apparent revenue can mask falling real profit rates because rents and financial transfers inflate margins.
  • Capitalists and financial press increasingly fail to distinguish real productive investment from fictitious asset valuation.
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