One Year of Trump 2.0: The Civil War Within Western Capital

As we close out 2025, Nick takes stock of the first year of Donald Trump's second term. While some liberal commentators hold out hope that the upcoming 2026 midterms will curb his power, Nick argues that the real conflict isn't between Left and Right, but between two factions of capital: the liberal-democratic establishment and the nativist, protectionist forces embodied by Trump.

We explore the failure of the Democratic Party to offer a meaningful alternative to neoliberalism, the rise of "America First" as a tool for personal enrichment, and the alarming normalization of far-right rhetoric in Europe. From the hollowing...