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Musk forms the America Party and Sam Altman backs ‘techno-capitalism’ as old economic consensus gives way to rival visions

The so -called Washington consensus, which described the benefits of free trade and financial discipline, appears to go to Dustbin of History.

This is when President Donald Trump launched an amazing trade war and pushed through a draft law for tax spending and spending with the support of Republicans, which will add trillion to this deficit.

Meanwhile, Democrats are still struggling with their own message as they continue to continue the brand of Trump’s popularity that brought it back to the White House. The disturbances indicate a clash between the competing visions of a new economic consensus.

Mark Bleith, a political economist at the University of Brown, believes that the economy is tending to change in the mouth, although the dominant economic system has not completely formed.

“The global economy gets a renewal of devices and the experience of a new operating system – in fact, complete restart Atlantic Ocean Last week. “To understand the reason for this and what this means, we need to abandon any illusion that the rotation around the world is heading towards right -wing and economic nationalism is just a temporary mistake, and that everything will eventually return to the relatively benign world in the late nineties and early first decade of the twentieth century.”

Such sedition was shown in the end of this week, as senior technology leaders, Elon Musk and the German Wissam, indicated their dissatisfaction with the current two -party system.

On Saturday, Musk announced that it is a new political party, after his conception with Trump about the huge huge boundary that was just signed in the law.

“When it comes to bankruptcy of our country with waste and illegal gain, we live in a single party system, not democracy,” Musk was published on Saturday. “Today, the American Party is formed to return you your freedom.”

The CEO of Tesla and Spacex earlier warned of “debt slavery” of the tax spending bill and its criticism of its treatment of EV and solar tax credits for oil and gas incentives.

Likewise, the CEO of Openai Sam Altman published on Friday that the Democrats have lost their way and that it is now “unlike political.”

It also seems to refer to the nominee of the mayor of New York City Zahran Mamdani, who said last week, “I don’t think we must have billionaires.” Altman said: “I prefer to hear the candidates on how to make everyone have the things that billionaires enjoy instead of how to eliminate billionaires,” Altman said.

At the same time, his own vision is offered.

“I believe in technical industrialization,” Al -Taman books. “We must encourage people to make a lot of money and then find ways to distribute wealth on a large scale and share the magic of the compound capitalism. One does not work without the other; you cannot raise the ground and do not raise the ceiling for a very long time.”

From Bleith’s point of view, the new economic system cannot be distinguished yet, because the ruling idea is still in discussion.

He described Maga’s vision as a mixture of manufacturing the fifties of the last century, immigration and workforce trends in the 1940s, as well as a touch of foreign policy for the nineteenth century, “areas of influence”.

Then there is a “dark enlightenment” suite for the technology sector, where “billionaires from the Silicon Valley imagine an economy that does not return to the past coming to the hard hat, but as a future post -automation and space exploration,” according to Blaith.

Meanwhile, Democrats still seem to represent the current institutional situation, although MP Alexandria Okasio Cortez and Senator Bernie Sanders are paying another choice of left -wing populism.

The third democratic vision is the “Al -Wafra” agenda, which is looking for low -regulating policies, supporting growth to renew economic vitality.

Crossed signs were highlighted in the concerts recently when Mamdani, a self -described democratic socialist, surprised the democratic institution last month when he won the city preliminary elections with his popular brand that includes obtaining free bus service and freezing frozen rents.

On the contrary, California Governor Gavin New Zoom and Democratic allies in the liberal stronghold acknowledged reforms to a historic environmental law last week that would facilitate the construction of more housing, as state leaders recognized the need to increase the supply in the face of high costs.

“The new economic arrangement is formed – which means that it has not yet been fixed and still can be formed.” “But the time is running out. As is mixed like the recurring modernization, it can win today if we do not reach a ruling idea different from what the economy is and from it.”

2025-07-06 22:20:00

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