A friend of mine ran an analogy by me which really resonated. Perhaps others have drawn the comparison.

In the late 18th century, what would later evolve into the British Raj was coalescing into full British domination of the Indian subcontinent — especially after two key battles in 1757 and 1764 waged not by Britain but a private company called the British East India Company. That made it possible for what were often British men of relatively modest origins to build almost unimaginably large fortunes. Life in India was a matter of extremes for British operatives of the East India Company, a joint stock company which owned what were in effect Britain’s Indian colonies. Countless young Brits went out to India and died in short order. But if they could avoid dying, in a relatively few years they could build these unimaginable fortunes. None of them wanted to stay. Virtually no Britons died of old age in India at the time. The whole point was to make as much money as possible in as little time as possible and get back to Great Britain while they were still alive. Then they would pour that money into an estate and land.

They were called “nabobs,” a corruption of “nawab,” a title in the Mughal Empire which originally referred to a provincial governor but evolved into something more like a hereditary lord as Mughal rule disintegrated.

I’ve written a number of times over the years about the fact that Americans mostly believe that the post-World War II world order is the normal state of things. Of course, it is not. The last 80 years are unparalleled in global history for their general prosperity, lack of great power wars, a fairly predictable system of global rules. One has to say the obligatory caveats about all the ways the United States honored its values and rules in the breach, the slow run of proxy conflicts it participated in or fomented around the world. But these caveats only serve to illustrate the larger point in a paradoxical way. Things can always get worse and getting worse — conflict, instability, mass death — are the normal order of things in world history. Even a thin appraisal of the American ascendency shows its close to uniqueness in this regard.

Kate and Josh talk the Tennessee special election, a new Dem running for Chuy Garcia’s gifted seat and the Nuzzi-Lizza-RFK trainwreck.

You can listen to the new episode of The Josh Marshall Podcast here.

We seem to be in another Epstein hiatus before the story and obsession again explodes into the center of the political news ecosystem. Presumably the next episode will come when the White House releases the heavily redacted and/or cooked version of the “Epstein files” that Congress ordered the administration to release. But I wanted to note this very weird oddity right smack in the center of the story that continues to be almost entirely ignored. I was reminded of it last night by this story in The Bulwark by Mona Charen. I first heard about in those interviews Sid Blumenthal and Sean Wilentz did with Michael Wolff about Jeff Epstein, which I wrote about back in September. Wolff discussed something that I had never heard before: that Steve Bannon, basically right up to the time Epstein died, was working with him on a combo rebrand/crisis comms effort to rehabilitate Epstein’s reputation. Yes! Bannon was working as Epstein’s image rehab specialist. The man at the center of all the anti-“elite”, anti-“globalist” pedophiles was tight with Epstein and trying to help him come in from the sex offender cold. He’d actually done hours of video interviews with Epstein as prep for either a 60 Minutes or 60 Minutes-style interview to revive his reputation.