Core Reading
This is the first class, so Jiang does not begin with a fact. He begins with a method. Kant says the world is never handed to us whole. We receive something unknowable, warp it through perception, and live inside the appearance we can process. The course will train that imagination by testing models against present geopolitics, using predictions to check the model, then turning back to read the secret history hidden under school history. That is why the real question is not what happened. The real question is how power works. Source trail 0:011:202:554:335:47 Good morning, class. Welcome to our first class. And today, what I want to do is provide the framework for how we will learn the semester. What are we learning? How are we learning? Why are we learning? All right. So th...And he teaches us, he taught us how the world works. And this is what he told us. He told us that we can never know the objective reality. There is an objective reality. What he calls the Nomana, OK, or the things in th...
00:01-07:16
Kant Gives The Method
The lecture opens by making imagination the site of politics: humans do not see objective reality directly, so training perception becomes the course method.
The opening discipline is not note-taking but interruption. Students are told to ask questions because the class is built from connected ideas, not memorized facts. Then Kant enters as the first key: the thing-in-itself is inaccessible, perception reshapes it, and time and space are part of the human processing apparatus. Reality, for the purposes of human life, is an act of imagination. Source trail 0:011:202:55 Good morning, class. Welcome to our first class. And today, what I want to do is provide the framework for how we will learn the semester. What are we learning? How are we learning? Why are we learning? All right. So th...And he teaches us, he taught us how the world works. And this is what he told us. He told us that we can never know the objective reality. There is an objective reality. What he calls the Nomana, OK, or the things in th...
That is why prediction matters. The class will study present geopolitics, build a model, test it against the future, and then use the tested model to read the past. The past is not stable school memory. It is a field of power, and official history is already treated as an implant. Source trail 2:554:335:47 We perceive the world, we perceive the Nomana and turn it into the Phenomena for us to process in other words, and this is really important, reality is what we imagine it to be. There is no objective reality. Reality is...We will not succeed. We will fail. But the process of trying will train our minds to think much more critically about reality. About the world. So let me explain how. In the present, we have geopolitics. We'll be studyi...
07:17-23:57
Money Appears From Receipts
The first example is banking: the simple deposit-and-loan thought experiment becomes a story about receipts, merchant finance, bank runs, cartels, and central banking.
The bank thought experiment begins innocently. Students deposit five million, the bank lends it to a restaurant, and the logical answer seems to be zero in the bank. A student objects with fractional reserves, and Jiang grants the economics correction. Then he changes the ground: in real banking, the deposit and the loan both become claims. The answer makes no sense and happens anyway. Source trail 7:178:459:539:5610:0210:11 You'll be empowered to live the way you want to live, to see the world that is true to you. So let me give you three cover examples. Okay. So let me give you three cover examples of how power works. Okay. The first exam...And after a year, I will pay you back 10 % interest. Okay. 10 % interest. And so I make a 9 % profit and I can use that to pay my employees, to pay myself a salary, to build a new building. Okay. So now I want you to th...
The origin story is gold and paper. A merchant deposits gold, receives a contract, and can trade the contract instead of carrying metal. Then the bank lends a receipt rather than the gold itself. Nothing material has doubled, but the usable money has. The receipt is the little alchemical device: a promise that behaves like wealth. Source trail 11:2612:4213:5615:00 And how do we know? Because over the past 20 years, Chinese banks, like the Bank of China, the Bank of Industry and Commerce, the Agriculture Bank of China, if you Google these banks, what you will see is these past 20...How was it created? Okay. Well, actually, there's a very easy explanation for where we got the system from. All right? So let me explain the history and the origin of the system. So in the beginning... It was merchants...
The risks make finance political. Too many claims produce a bank run Source trail 19:46 in gold contracts, but I only have $10 million in gold, only if $15 million wants the gold back, then I'm screwed. This is what we call a bank run. Okay. A bank run. And this is a huge problem for merchants. Okay. There... . Kings borrow to fight wars and may refuse repayment. Banks answer by forming cartels, pooling reserves, marrying into one another, and, in Jiang's harshest phrase, finding a new enemy to kill the king who will not pay. Central banking enters not as neutral plumbing but as organized power.
23:57-29:18
Scarcity Is The Discipline
If money can be printed, poverty needs a different explanation. Jiang's answer is that poverty, crises, and war make money feel valuable by forcing people to work.
Once banks can print money, the poverty question changes. Students keep returning to scarcity, and Jiang treats that reflex as proof of power's success. Money is not scarce in his model; it is a number. The scarcity is the belief that makes the number command labor. Source trail 22:0123:3323:5824:1225:16 Do you understand? And this system is what we call today central banking. And what you will learn in this class is central banking controls the world today. Okay. Now, what's really important about this system is that i...So, we don't have limited resources. We have scarcity. Okay? Right? So, that is the common answer. Okay. The common answer is scarcity. We have poverty because of scarcity. But I already told you this. They can print mo...
The answer is brutal: powerful people do not want everyone to have money because then no one would work. Poverty is not what poor people do to themselves. It is artificial misery Lens point power-alchemy Scarcity disciplines labor when money, poverty, crises, or war make an expandable abstraction feel limited enough that people work, compete, and fear falling out of the system. Source trail 25:38 yeah because we don't want people to all have money the powerful people don't want that that's exactly the answer and the reason and why because otherwise no one would work do you understand the point of putting money i... , the background pain that makes parents tell children to study hard or end up poor.
Crises and wars do the same work at larger scale. They destroy money and wealth so that the system feels scarce again. The game analogy is crude but clear: if credits fell from the sky, no one would grind. The real value is not money. The real value is the work people do under the spell of money. Source trail 26:4527:5828:58 And you wouldn't want to work hard in school, right? That's why we have poverty. Because poverty creates the illusion that money is valuable. In other words, poverty isn't what you do to yourself. It is what the powerfu...Why are there wars in the world then? Because they're fighting over scarce resources, right? I already told you. Scarcity is a lie. The real reason is war is meant to destroy wealth in order to make you think money is v...
29:18-42:29
Happiness Before The Individual
The second example moves from money to the individual: modern happiness is private, but older happiness was communal, and exile mattered because the self was not separable from its people.
A student asks the real-resource objection: food and land are not infinite. Jiang concedes finitude but insists on abundance. Food waste becomes the evidence; hunger is an artificial crisis, not proof that the scarcity model is morally innocent. Source trail 29:1929:4030:3030:35 You said scarcity is an illusion. I understand money can be printed infinitely, but resources such as food and land, they aren't. Does scarcity still exist in other resources?That's a great question, okay? So the question is, isn't food scarce? Because food is a finite resource, right? Do yourself a favor, okay? Go to the garbage dump somewhere, anywhere in Beijing and see the amount of food...
Then the question becomes happiness. Students list money, power, freedom, relationships, love, games, and vacations. Jiang hears the hidden assumption: happiness belongs to the individual. For most of human history, he says, happiness belonged to the family and community. A rich person did not prove happiness by burying gold or banking it, but by holding a feast. Source trail 30:3531:4432:1332:1533:4634:42 Okay, all right. So again, you guys are stuck in the scarcity mindset. And it's very convincing. So let's move on, okay? So this is something that we'll go back to later on, okay? Because I cannot convince you today, th...What else? Exactly. Power, right? Sure. Power. Freedom. Excuse me? Freedom. Okay, good. Freedom. Yeah. What else? Relationships. Relationships. Yep. Sure. You have good friends, right? Like lots and lots of friends. Wha...
When a student asks whether reputation still makes this individualistic, Jiang makes the deeper claim: the individual did not exist as an independent unit. The old punishment was not simply death but exile, the sentence that says you are no longer part of us. The modern self has to be manufactured before modern happiness can seem obvious. Source trail 35:3335:4836:1936:22 You mentioned that it was for reputation on some levels. Would that count into as, you know, individual happiness? Because after you get rich, you care about your reputation. Okay.Yeah, so you're asking, isn't this about individual reputation? And again, I mean, this is hard, okay? But the individual, the concept of individual did not exist before. We just created it. The idea that I'm a person i...
42:29-50:39
Polytheism Knows More Than Science
Jiang contrasts a polytheistic world of fate, gods, pride, and fortune with a modern scientific world of memories and synapses, then reverses the expected judgment.
The first worldview says humans are acted on by gods, fate, fortune, anger, pride, and forces beyond understanding. The second says humans are memories and synapses, products of genes and environment, improvable through therapy, reflection, and technique. Students are expected to prefer the second because it sounds like science. Jiang says the first is more accurate. Source trail 36:2237:3738:2039:39 Exactly. Banishment. Exile. Not death, right? And today, if I killed you, the police would come catch me and then kill me. But before, we didn't do that. Because the worst thing that we could do was exile you. It says,...So you actually know individual agency because there's always a god screwing with you. Okay? You might get rich, but then the god of pride looks at you and says, no, no, no. I need to teach this mortal a lesson. So the...
Power prefers the scientific individual because that worldview makes people responsible, isolated, and hard-working. If every problem is inside you, collective action disappears. Misery gets privatized into games, porn, treatment, and expert dependence. Lens point power-alchemy Power privatizes distress when a person is taught to treat misery as an individual defect, disorder, or self-management problem rather than as a shared condition that could support collective action. Source trail 43:3844:5546:03 So the problem with number two is you are incapable of collective action because you think all sorts of your problems will change the individual in you and not society. But number one, you are capable of collective acti...So in number two, who has authority? Who do you listen to? You listen to scientists, right? Scientists. Because this system was created by scientists to trick you. Okay? This system you think, oh, it's science. Therefor... This section is sharp and should stay attributed: the point is not clinical advice but Jiang's model of how authority captures distress.
A student asks whether God is authority too. Jiang says yes, but ancient gods are not benevolent managers. They are proud, jealous, angry, arbitrary, and favored rulers can be dropped tomorrow. That is why fate does not necessarily make people passive. It can produce eudaimonia Source trail 48:27 Why? Because he's favored by the gods. It's not because he's a good person. It's not because he's a just ruler. It's just because the gods like him for whatever reason. But guess what? The gods give, and the gods take.... : live today to the best of your ability because tomorrow is not yours to command.
50:43-1:03:56
School Separates The Child
The third example is school. Jiang says school does not primarily teach knowledge; it separates children from parents, produces insecurity, and makes teachers into replacement authorities.
When Jiang asks why school exists, students offer learning, degrees, graduation, knowledge, and power. One student says brainwashing. Jiang takes that answer and radicalizes it: everything else is a lie. The counterexample is apprenticeship. The child who works in a hospital for ten years becomes a better doctor than the elite-school graduate who has never worked in a hospital. Source trail 50:4351:1751:1951:4651:5552:58 All right. Now, let's move on to the third and final example. And I know this is shocking. I know this is surprising. But over the course of the semester, I will give you enough evidence to convince you that this is all...Something is learned and teach.
The deeper attack is against sorting. Human beings can learn anything if they find someone to teach them. School instead announces who is smart and who is stupid, then turns those labels into life paths. Jiang's short history of Sparta, the Aztecs, and Prussia is used to tie compulsory education to war societies, not to neutral learning. Source trail 54:0055:0256:1557:51 We human beings are all born with the capacity to learn anything if you wanted to learn it, right? If you want to be an engineer, if you want to be a lawyer, if you want to be a doctor, if you want to be a scientist, yo...Right? So school is not a place to teach you how to learn. A school doesn't teach you knowledge. It doesn't do that. A school is a place that brainwashes you. Okay? Now the question then is, what does it brainwash you i...
The mechanism is separation. If school is about learning, why do parents and children not go together? Because the child who is with a parent feels secure and can ask whether the teacher is lying. The child taken away feels anxious, afraid, and dependent. The teacher becomes the person whose words are correct. Source trail 58:2659:4159:4359:501:01:07 Um, what is, what is, why, why, let me ask you this question. Why did they not, they did not have schools before? Why is it that people were like, we don't want schools. Why? Again, the Sparta, Aztecs, and Prussia were...Yeah, why not? Why?
A student asks the obvious question: is this class also brainwashing? Jiang's answer is procedural. Ask questions. Challenge him. Think for yourself. Refuse to listen if it does not make sense. The difference, he says, is coercion: school has grades, tests, papers, attendance, and penalties; this class is asking for voluntary attention. Source trail 1:01:391:01:421:01:46 So, are you brainwashing now?Am I brainwashing you? Okay.
1:03:56-1:09:58
History Is National Memory
School's content is the nation-state: language, history, and geography teach students to treat a collective fiction as a real person that deserves obedience and sacrifice.
What does school brainwash students into? The nation-state. It teaches language, history, and geography until Mother China Source trail 1:02:44 All right. So, another question is, okay, if schools are designed to brainwash you, what are they brainwashing you in? Well, they're designed to brainwash you to believe a concept called the nation state. The nation sta... , the United States, or France feels like a person one must love, serve, and sacrifice for. Older local belonging, being from Beijing, Haidian, or Chaoyang, is replaced by national sameness with people one does not know.
The three objects now line up: money, the individual, and the nation-state. Jiang calls them concepts beyond human experience. You cannot derive them alone from first principles; you have to be trained into them. Lens point power-alchemy Power becomes alchemy when it trains imagination until invented abstractions such as money, the individual, or the nation-state organize labor, desire, memory, fear, and obedience as if they were unavoidable facts. power-alchemy Power becomes alchemy when it trains imagination until an invented abstraction such as money, the individual, or the nation-state acts like unavoidable reality and organizes labor, desire, fear, and obedience. Source trail 1:05:001:06:10 Yeah. So, yeah. The point of school is to serve the nation state. Do you understand? Right? Does that make sense? If you believe in the nation state, if you believe in Mother China, then you must serve her. You must obe...You have to be brainwashed into believing these three things. If someone from the past, maybe a thousand years ago, were to come today, and you would explain the concept of money, individual, and nation state, the perso... A person from a thousand years ago, he says, would hear the explanation and conclude that modern people are slaves.
The promised source is monotheism Source trail 1:06:10 You have to be brainwashed into believing these three things. If someone from the past, maybe a thousand years ago, were to come today, and you would explain the concept of money, individual, and nation state, the perso... . Jiang names the one true God as the revolution in human thought that creates money, individual, and nation-state, then says later classes will show how Judaism, Christianity, and Islam fit into the same deep argument. This episode should not complete that proof for him. It records the opening thesis and the map.
1:09:58-1:11:05
Alchemy And The Exit
The closing definition returns to the opening method: power is alchemy, but if imagination created the current system by accident, imagination can create another one.
Power finally gets its name: alchemy. Not fake chemistry, but the social capacity to turn lead into gold, nothing into everything. Money is valuable because people believe it is. The individual can seem like the route to happiness because people have been trained to feel that way. The nation-state exists because people obey its memory. Lens point power-alchemy Power becomes alchemy when it trains imagination until invented abstractions such as money, the individual, or the nation-state organize labor, desire, memory, fear, and obedience as if they were unavoidable facts. power-alchemy Power becomes alchemy when it trains imagination until an invented abstraction such as money, the individual, or the nation-state acts like unavoidable reality and organizes labor, desire, fear, and obedience. Source trail 1:09:03 Nothing into everything. That's what alchemy was. And maybe in science class you're taught that alchemy is just fake science. It's a pseudoscience. And it did not work. What you will learn in this class is we achieve al...
The ending matters because it does not end in conspiracy fatalism. The system was an accident of human imagination. If imagination can accidentally build misery, it can also deliberately build a system for eudaimonia, for the flourishing of human intellect. The first class therefore closes where it began: with imagination as the battlefield. Source trail 1:09:031:10:24 Nothing into everything. That's what alchemy was. And maybe in science class you're taught that alchemy is just fake science. It's a pseudoscience. And it did not work. What you will learn in this class is we achieve al...It's because we didn't know what we were doing that we created this system. So what you will also learn is that you're able to control the human imagination. You can use it to create a new system that allows for eudaimo...
Questions
Does scarcity still exist in other resources?
Jiang distinguishes finitude from scarcity, using food waste to argue that hunger is artificial even if food is not literally infinite. Source trail 29:4030:35 That's a great question, okay? So the question is, isn't food scarce? Because food is a finite resource, right? Do yourself a favor, okay? Go to the garbage dump somewhere, anywhere in Beijing and see the amount of food...Okay, all right. So again, you guys are stuck in the scarcity mindset. And it's very convincing. So let's move on, okay? So this is something that we'll go back to later on, okay? Because I cannot convince you today, th...
Would reputation count as individual happiness?
Jiang answers that the premise is modern: before the individual was created, a person was not imagined apart from family and community. Source trail 35:4836:22 Yeah, so you're asking, isn't this about individual reputation? And again, I mean, this is hard, okay? But the individual, the concept of individual did not exist before. We just created it. The idea that I'm a person i...Exactly. Banishment. Exile. Not death, right? And today, if I killed you, the police would come catch me and then kill me. But before, we didn't do that. Because the worst thing that we could do was exile you. It says,...
Would God also be an authority?
Jiang says yes, but ancient divine authority is not benevolent managerial authority; the gods are arbitrary, proud, angry, and fate-bound. Source trail 47:1248:2749:27 That's actually a great question, okay? God is authority. Okay. That's actually a great question. Thank you so much. So I have to spend time to explain to you both systems, and I will do so. But what's really important...Why? Because he's favored by the gods. It's not because he's a good person. It's not because he's a just ruler. It's just because the gods like him for whatever reason. But guess what? The gods give, and the gods take....
So, are you brainwashing now?
Jiang distinguishes his class by its permission to ask, challenge, think, and leave, contrasting that with compulsory school coercion. Source trail 1:01:421:01:46 Am I brainwashing you? Okay.All right. Okay. So, the question is, am I brainwashing you? Okay, that's a good question. And it's a fair question. And again, that's why I tell you this, okay? You have the capacity to ask me questions. You have the c...