Despite the adoring support from Elon Musk and Donald Trump, Javier Milei’s radical-right free-market nightmare is unravelling, and the people are beginning to score major victories against the government in the streets and in elections, reports BEN HAYES

IS IT possible to recognise in the present what historians will later declare to be a moment of transition from one historical period — defined according to prevailing features in politics, economics and society — to another? Are we in such a moment now?
Periodisation of historical epochs is controversial and inexact, and traditional historians have frowned upon it. Yet economists and historians have attempted to delineate distinct periods of history.
These include Eric Hobsbawm, who wrote of the long 19th century (1789-1914), and the short 20th century (1914-1989) and economist Joseph Schumpeter, who defined the “creative destruction” theory of technological change.
![BY ANY MEANS POSSIBLE: Yanaocha mine in Cajamarca, Peru is the largest gold mine in South America operated by Newmont Corporation. It is considered the most profitable in the world [Pic: Elbuenminero/CC]]( https://msd11.gn.apc.org/sites/default/files/styles/low_resolution/public/2025-09/extractive%20caoitakism%20webpic.jpg.webp?itok=DEObb5jr)
JOE GILL appreciates a lucid demonstration of how capital today is an outgrowth of the colonial economy

JOE GILL looks at research on the reasons people voted as they did last week and concludes Labour is finished unless it ditches Starmer and changes course

