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Republican Party Displacement

Mark Thornton returns to Rothbard’s idea of major party realignment, arguing that ideology—not interest-group politics alone—drives long-term political change. He applies that framework to today’s Republican Party, tracing its roots in crony capitalism, protectionism, prohibitionism, and single-issue coalitions, while arguing that the modern uniparty supports inflation, war, runaway spending, debt, and the erosion of the middle class.

On Side B, Mark joins Little by Little to discuss war, business cycles, bond-market distrust, private credit, gold, AI, and the growing divide between official…

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