Terminal Capitalism Revisited (part 1/2)
In an essay that I posted here just over a year ago, Terminal Capitalism: The new era heralded by Trump’s second term, I argued that the second Donald Trump presidency signalled the end of what has been called late stage capitalism and the beginning of a new era best labelled terminal capitalism. Now, after the many tumultuous geopolitical events of 2025 and the first six weeks of 2026, I’d like to consider how this argument has fared.
