On Wednesday’s show (27 June 2026 - Link Here), we got into this one pretty good. We were talking about the raid on the Spanish Socialist Party headquarters, Pedro Sánchez’s crew, and how the opposition was calling it a “mafia system.” Joe and I were going back and forth, and at one point, I said something like, “It’s almost like communists are corrupt.” And then we started joking about “Dirty Sanchez,” but the more we talked, the less funny it got.
Because that’s the thing. It’s not funny. It’s the same damn story every single time.
We’ve all heard the line a thousand times: “That wasn’t *real* socialism.” Venezuela? Not real socialism. The Soviet Union? Not real socialism. Every time it fails, and it always fails, they tell you it was just the wrong people in charge, or outside interference, or it wasn’t done properly.
Bullshit.
On the show last week, we were looking at what’s happening right now in Spain with Sánchez. Police raiding the actual party headquarters of the ruling socialists. His wife under investigation. His brother under investigation. Former ministers caught up in mask contracts and kickbacks. And the response from the party isn’t “We’ll clean house.” It’s “This is a right-wing smear campaign.”
Sound familiar?
Then Joe pointed out something that stuck with me. He said these systems don’t just *allow* corruption, they’re built in a way that makes corruption the only rational way to operate once you’re inside. When the state controls the money, the contracts, the media access, the jobs, the permits… then the game isn’t about producing value anymore. The game is about getting close to the people who hand out the favors.
That’s not a bug. That’s the operating system.
We’ve talked on this show before about how the worst people rise to the top in these setups. Jim made a hell of a point when he said these guys aren’t even true believers half the time, they’re megalomaniacs using revolutionary language as a vehicle for power. And once they get it, the next group of megalomaniacs lines the last ones up against the wall and calls *that* the revolution.
We’ve seen the movie. The Soviet Union did it every twenty years or so. Venezuela turned into a straight-up criminal enterprise with Maduro sitting at the top like a mafia boss, according to people who actually studied it. Hundreds of billions disappeared while the country starved. Not because they got socialism wrong. Because once you give the state that much control over everything, the people who are best at lying, stealing, and eliminating rivals are the ones who win.
Last Wednesday, I brought up that old line from Hayek, the one about how the worst get on top in these systems. It’s not because socialists are uniquely evil as individuals. It’s because the system rewards exactly the traits that should disqualify someone from power: ruthlessness, willingness to break normal moral rules “for the greater good,” and total loyalty to the party over everything else.
We saw it with the Spanish socialists this week. We’ve been watching it in Venezuela for years. And if you think it can’t happen here, you haven’t been paying attention to how much of our own economy and institutions are already captured by people who treat political power as the only real currency.
Look, I’m not saying every single person who calls themselves a socialist is a thief. I’m saying the system they want to build *selects for* thieves, liars, and control freaks. It concentrates power in a way that makes normal human corruption scale up to industrial levels.
On the show, we joked about “Dirty Sanchez,” but the truth underneath the joke is ugly. When the same people who promise to fix everything are the ones running the whole machine, the fix is always more power for them. And more power for them always means more opportunities for the connected to steal.
That’s not corruption happening *to* socialism.
That’s socialism working exactly like it’s supposed to.
What do you think? Drop your thoughts in the comments or over on Locals. And if you want the full unfiltered version of these conversations, you know where to find the show.
Stay safe out there.




