Musk forms the American Party, while Sam Altman backs “techno capitalism.”

That’s when President Donald Trump launched a spectacular trade war and pushed forward a tax and spending bill with Republican support, adding trillions to the deficit.

Meanwhile, Democrats are still working on their own message as they continue to get caught up in the populism of Trump’s brand that brought him back to the White House. Confusion points to conflicts between competing visions for a new economic consensus.

Mark Bryce, a political economist at Brown University, believes the economy is moving towards changing times, but the dominant economic order has not yet been fully in its form.

“The Global Economy has acquired hardware refits and is trying out new operating systems. In fact, a full reboot, something we’ve never seen in a century.” I wrote it in Atlantic Ocean last week. “To understand why this is happening and what it means, we need to abandon the illusion that we are heading towards global right-wing populism and economic nationalism. It’s just a temporary mistake, and everything will eventually return to the relatively benign world of the late 1990s and early 2000s.”

This weekend, such churn was on display as top technology leaders Elon Musk and Sam Altman signaled their complaints about the current two-party system.

Saturday, Musk announced that he is forming a new political party.after rebutting with Trump in a megaville just signed the law.

“When it comes to bankrupting our country with waste and grafts, we live in a one-party system, not a democracy,” Musk said. Posted on x Saturday. “Today, the American Party is formed to give you your freedom back.”

CEO of Tesla and SpaceX I’ve warned before “Debt Slavery” Criticized the treatment from tax and expenditure invoices EV and solar energy tax credits against oil and gas incentives.

Similarly, Openai CEO Sam Altman Posted on x On Friday, the Democrats lost their way, and he is now “political homeless.”

He also appeared to be referring to the mayoral candidate for New York City. Zoran Mamdanilast week he said, “I don’t think there should be a billionaires.” “I want to hear from the candidates about what a billionaire has to everyone, not how a billionaire can eliminate a billionaire.”

At the same time, he advanced his own vision.

“I believe in techno capitalism,” Altman wrote. “We should encourage people to make a lot of money, broadly distribute wealth, and find ways to share the compound interest magic of capitalism, one side won’t work without others.

In Bryce’s view, the new economic order cannot be identified yet, as the idea of ​​management is still being debated.

He described the MAGA vision as a combination of manufacturing in the 1950s, immigration and labor trends in the 1940s, and the “sphere of influence” foreign policy of 19th century merchantaists.

Then there “Dark enlightenment“The Silicon Valley billionaire imagines the economy as an afterlife future of automation and space exploration, rather than a return to the brilliant past of the hard hat industry,” Blythe said.

Meanwhile, Democrats still appear to represent the status quo of institutionalists, he added, but Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders are pushing for another option in leftist populism.

The third democratic vision is “Affluent” agendawhich calls for low regulations and growth-promoting policies for new economic vitality.

Cross-currents within the party were recently highlighted when Mamdani, a self-described democratic socialist, surprised his democratic establishment last month when he acquired the city’s primary with the free populism brand of bus services.

In contrast, California Gov. Gavin Newsom and his Democratic allies in the liberal fortress last week passed reforms to groundbreaking environmental laws that make it easier to build more homes.

“A new economic order is being formed, meaning it is not yet fixed and may still be shaped,” Blythe writes. “But time is running out. It’s just as cluttered as regressive modernization, but you can win that day without coming up with another governing idea of ​​what the economy is and whose purpose.”