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

• Top tech leaders like Elon Musk and Sam Altman are feeling unwelcome in the current two-party system. Meanwhile, Democrats—still reeling from President Donald Trump’s return to the White House on the back of his economic populism—are grappling with their own message. The turmoil points to a clash on competing visions over how to run the economy.

The so-called Washington consensus that touted the benefits of free trade and fiscal discipline looks headed for the dustbin of history.