The Peter McCormack Show

Peter McCormack
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The Peter McCormack Show is a podcast covering politics, economics, free speech, and Bitcoin.

  1. PMQs #007 - Why Trump Wants Venezuela

    1D AGO

    PMQs #007 - Why Trump Wants Venezuela

    Venezuela didn't fall apart by accident. It's the result of years of socialism, corruption and a regime that couldn't be removed by elections or international pressure. In this PMQs episode, Peter and Conor talk through what happened with Maduro, why Venezuelans themselves welcomed his removal, and why the usual arguments about regime change and international law don't hold up in the real world. They also look at the role of oil, US power, proxy conflicts, and why strong states operate by different rules. The episode ends on the hardest question of all: after removing a dictator, what actually comes next? SHOW NOTES › https://substack.com/@petermccormack › https://www.inolongerconsent.com/ › https://x.com/ConsentEnds CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - me@petermccormack.com › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – Introduction 03:57 – Why Public Opinion Split Instantly 05:00 – Non-interventionism vs Reality 06:52 – Firsthand Experience Inside Venezuela 14:28 – Criticism From the West 17:29 – Oil Wealth, Poverty & State Failure 18:39 – Why Narratives Don't Match Reality 22:37 – Self-determination 24:20 – Does International Law Even Exist? 30:50 – Two Worlds? 33:39 – Tier-one Countries & Real Power 38:33 – the Risk of Unchecked Power 40:54 – "What's Next?" 46:24 – Post-maduro Choices 53:32 – Why Memes Dominate Political Reality 57:16 – Final Thoughts - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE TO THE PODCAST › 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    59 min
  2. #138 – Steve Baker – The Structural Failure of Government

    2D AGO

    #138 – Steve Baker – The Structural Failure of Government

    Steve Baker is a former Conservative MP who spent years inside the machinery of British politics. In this interview, he explains why Britain feels broken. We talk about falling living standards, a political system that keeps failing without consequence and why so many voters feel completely powerless to change anything. We also explore how a system can continue to function while delivering worse outcomes year after year. We also discuss the problem of power without limits, money without restraint and what happens to democracy when nothing fundamental can be challenged and no one is ever held to account. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – Introduction 01:35 – Why Britain "Isn't Working" 03:17 – How the System Drifted Off the Rails 09:23 – The Real Incentive in Politics 11:10 – "You Get the Government You Deserve" 14:16 – Why Staying Home Changes Nothing 17:37 – Why MPs Fear Accountability 21:21 – The Collapse in Living Standards 23:06 – The Money Problem 26:44 – Bitcoin, Gold & Escaping the System 31:04 – Why Extremism Is Rising 34:51 – Liberty vs Control 40:22 – Britain Is Over-Governed 43:47 – There Is No Painless Way Out 47:51 – Why Politicians Kick the Can 50:08 – How Division Is Manufactured 57:00 – Why Politics Attracts the Wrong People 59:38 – Why Opting Out Fails 1:10:10 – Can the System Be Reset? 1:19:09 – Hope vs Reality 1:22:39 – Final Warnings - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 STEVE BAKER › Website – https://www.stevebaker.info/ › Twitter – @SteveBakerFRSA SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    1h 25m
  3. PMQs #006 - The Quiet Leviathan — Inflation Is Breaking Everything

    12/31/2025

    PMQs #006 - The Quiet Leviathan — Inflation Is Breaking Everything

    Inflation is the thing breaking everything. Not just prices - but trust, politics, institutions and people's belief that the system even works for them anymore. There's no sudden collapse coming and no dramatic moment where it all falls apart. It is slower than that and we're living through it right now. In this episode of PMQs, I talk through how inflation hollowed out living standards, why people are withdrawing from politics altogether, and why what looks like incompetence is often something closer to design. This isn't left vs right. It's extraction vs creation. And once you see it clearly, you can't unsee it. SHOW NOTES › https://x.com/Uncommonsince76/status/2001686827292311555 › https://www.inolongerconsent.com/ › https://x.com/ConsentEnds CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - me@petermccormack.com › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – There Will Be No Dramatic Collapse 01:17 – "This is How the World Ends" 03:45 – Why Decay Feels Normal 07:22 – Inflation as Quiet Theft 12:27 – Who Inflation Really Benefits 18:41 – Withdrawal of Consent 26:10 – Why Politics No Longer Works 34:55 – the Illusion of Reform 42:30 – Creation vs Extraction 51:01 – Why I'm Done Voting - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE TO THE PODCAST › 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

    53 min
  4. #137 - Larry Sanger - Will AI Replace Wikipedia?

    12/29/2025

    #137 - Larry Sanger - Will AI Replace Wikipedia?

    In this conversation, Larry Sanger explains how Wikipedia's governance structure allowed anonymous editors, activist groups, PR firms, and institutional power to capture what became the world's default source of truth. This isn't a culture-war rant. It's a structural explanation of how neutrality failed and why reform may no longer be possible. We discuss: – How Wikipedia was originally designed – Why expert review was rejected – Anonymous power and editor oligarchies – Activism, PR firms & source blacklists – Israel, Trump & political bias – Why "consensus" became enforcement – Whether AI will replace Wikipedia – Why Sanger believes Wikipedia may be finished - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – Introduction 01:52 – How Wikipedia was originally built 09:13 – Wikipedia as a de facto truth engine 12:42 – Anonymous power inside Wikipedia 14:56 – Editors, bans and arbitrary authority 20:24 – Israel, Trump & political bias 27:29 – Activism, PR firms and capture 32:11 – Can neutrality even exist? 37:02 – Can AI be more neutral than humans? 41:03 – Testing Wikipedia with AI 49:03 – Is Wikipedia cooked? 58:56 – Why "consensus" became enforcement 01:05:30 – Source blacklists explained 01:15:12 – What Wikipedia has become 01:33:37 – Will AI replace Wikipedia? 01:40:24 – Would Sanger turn it off? 01:44:01 – Final warning - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 LARRY SANGER › Website – https://larrysanger.org/nine-theses/ › Substack – https://larrysanger.org/2025/10/grokipedia-a-first-look/ › Twitter – https://x.com/lsanger › Son's Website – https://encyclosearch.org/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

    1h 47m
  5. PMQs #005 - This Country Doesn't Work Anymore

    12/23/2025

    PMQs #005 - This Country Doesn't Work Anymore

    This country doesn't work anymore. In this episode, I explain why I no longer believe voting can fix what's broken and why the real problem isn't left vs right, race vs race, or party vs party but unconstrained government power. This is a continuation of ideas sparked by recent debates around Nick Fuentes, Carl Benjamin, identity politics and the collapse of legitimacy in modern democracies. I'm not calling for violence. I'm not calling for chaos. I'm calling for something far more dangerous to the state: Withdrawal of consent. This is a conversation about: – Why living standards never improve – Why every government consolidates power – Why identity politics is a trap – Why money printing breaks societies – And why peaceful, lawful non-compliance may be inevitable SHOW NOTES › https://substack.com/@petermccormack › https://www.inolongerconsent.com/ › https://x.com/ConsentEnds CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - me@petermccormack.com › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – Introduction 01:55 – "This Country Doesn't Work Anymore" 05:36 – Government as an Extractive Machine 06:33 – Nick Fuentes & Piers Morgan 09:41 – Why Identity Politics Makes the State Stronger 12:22 – Voting Isn't an Option 15:00 – What Withdrawing Consent Means 22:25 – Peaceful vs Violent Revolution 29:47 – Mass Lawful Non-compliance Explained 36:27 – Creating a Movement 40:54 – Uncontrolled Money Creation 48:26 – Separation of Money & State 51:00 – Final Position: Why I'm Convinced This is Right - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE TO THE PODCAST › 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    54 min
  6. #136 - Carl Benjamin - The System That Creates Nick Fuentes

    12/18/2025

    #136 - Carl Benjamin - The System That Creates Nick Fuentes

    Carl Benjamin is a political commentator and cultural critic. This discussion focuses on diagnosis — not slogans — and on understanding consequences before they arrive. Young men aren't radicalising because of ideology, they're reacting to a world that no longer works for them. In this conversation with Carl Benjamin, we break down why the post-war consensus has collapsed, why politics feels illegitimate and why a generation feels pushed to the edge. In this episode we discuss: – Why young men feel shut out of the system – The collapse of the post-WWII consensus – Piers Morgan, Nick Fuentes, and generational revolt – Identity politics vs material reality – Legitimacy, consent, and non-compliance – Why politics no longer fixes anything – What happens when power has no limits – Why discomfort is unavoidable - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:04:18 – Why Young Men Feel Politically Homeless 00:11:42 – Moral Outrage vs Material Reality 00:19:27 – Why Figures Like Nick Fuentes Resonate 00:27:53 – Identity Politics and Manufactured Resentment 00:36:41 – Media Incentives and the Outrage Economy 00:48:12 – Piers Morgan, Debate Culture, and Spectacle 01:01:08 – Loss of Legitimacy in Institutions 01:15:18 – What Happens if Nothing Changes 01:32:44 – Generational Breaking Point 01:35:21 – Final Warnings and Consequences - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 CARL BENJAMIN › Website – https://lotuseaters.com/ › Twitter – https://x.com/Sargon_of_Akkad SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    1h 48m
  7. PMQs #004 - I'm Withdrawing My Consent from the British State

    12/15/2025

    PMQs #004 - I'm Withdrawing My Consent from the British State

    I've reached an inflection point. I no longer believe Britain's political system can fix itself. This isn't about left vs right, Labour vs Conservative, or the next election. It's about unconstrained power, broken incentives and a system that rewards failure while hollowing out the next generation. In this PMQs episode, I explain why I'm withdrawing my consent from the British state and why so many young people have already done the same. This isn't apathy. It's a vote of no confidence. In this episode: – Why politicians care about only one thing: staying in power – How unconstrained government creates inevitable failure – The collapse of trust in institutions – Why young people feel betrayed by the system – Nick Fuentes, Piers Morgan & generational revolt – Why Reform and the Greens are the same phenomenon – The moral failure of intergenerational debt – Why Britain needs limits on power, not new parties SHOW NOTES › https://substack.com/@petermccormack › https://x.com/PiersUncensored/status/1998127009981947930 › http://youtube.com/watch?v=UiAhS7AuB8k › https://www.youtube.com/watch?v=nkK312fMPsQ&t=3814s › https://www.youtube.com/watch?v=7TEnJ5pyFDg › https://graceblakeley.substack.com/p/generation-despair CONTACT PETE › Website - http://petermccormack.com › Feedback - https://www.petermccormack.com/contact › Email - me@petermccormack.com › Instagram - /mccormack555 › X/Twitter - https://x.com/petermccormack/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00 – I've Reached an Inflection Point 02:06 – Why All Governments Are Set to Fail 05:43 – The One Thing All Politicians Care About 08:23 – Nick Fuentes, Piers Morgan & Moral Outrage 12:43 – Why Young People Don't Care Anymore 19:18 – Collapse of Institutional Trust 24:24 – We Sold the Future to Avoid Recessions 27:10 – The Rise of Reform & the Greens Explained 30:44 – Withdrawing Consent from the State 45:13 – Why Britain Needs Limits on Power - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE TO THE PODCAST › 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

    58 min
  8. #135 - Michael Green - The Benchmark That Broke America

    12/11/2025

    #135 - Michael Green - The Benchmark That Broke America

    Mike Green is a macro strategist known for his work on market structure, benchmark distortions, passive flows and systemic fragility. A single benchmark shaped American markets and policy for decades and economist Mike Green believes it distorted risk, inflated asset prices, weakened the middle class and misled policymakers about the true state of the economy. In this conversation, he breaks down how a flawed model became accepted as truth, how it quietly rewired incentives, and why he thinks the consequences are now impossible to ignore. In this episode we discuss: – What the "broken benchmark" actually is – How flawed assumptions shaped U.S. economic policy – Why markets mispriced risk for decades – The rise of passive flows and distorted price signals – How asset inflation hurt the middle class – Why housing affordability collapsed – Why policymakers didn't correct the model – The structural consequences for future generations – Whether America can fix the system without a crisis – How the UK is importing the same benchmark problems - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 – How a Benchmark Became a National Problem   00:16:24 – The Rise of Passive Flows & Market Distortion   00:32:18 – Why America Misprices Risk   00:48:05 – Asset Inflation & the Middle-Class Squeeze   01:04:22 – Housing, Debt & Structural Fragility   01:19:57 – Why Policymakers Didn't Fix the Benchmark   01:36:44 – Elites, Incentives & the Illusion of Prosperity   01:53:30 – The UK's Imported Benchmark Problem   02:10:42 – What a Saner Benchmark Would Look Like   02:27:15 – Future Scenarios & Final Thoughts - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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 MIKE GREEN › Website – https://www.simplify.us › Twitter – https://x.com/profplum99 › Substack – https://substack.com/@michaelwgreen SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/ › Gemini - https://gemini.com/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04

    2h 45m
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The Peter McCormack Show is a podcast covering politics, economics, free speech, and Bitcoin.

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