Capitalism has generated vast amounts of wealth by spreading around the world. But as Timothy Mitchell argues, profits are made not just across space but also time, by stealing from future generations, including through military spending. The political theorist and historian of the Middle East reflects on the ways that capitalism consumes the future.

Timothy Mitchell, The Alibi of Capital: How We Broke the Earth to Steal the Future on the Promise of a Better Tomorrow Verso, 2026

Photo by Curioso Photography on Unsplash

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