Capitalism isn't dying. It's being demoted — and nothing in the history of economic thought tells us what comes next.

The Last Economy makes an argument that no other AI book is making. Artificial intelligence is not disrupting capitalism. It is completing it. The accumulated wealth that capitalism spent three centuries creating is now funding the technology that makes capitalism's primary function — organizing scarce human labor — obsolete. The greatest irony in economic history is unfolding in real time, and almost no one has named it.

What replaces capitalism's majority function is not another system. It is a vacancy. And filling that vacancy — or failing to — will determine whether AI's extraordinary productive capacity becomes the foundation of unprecedented human flourishing, or the mechanism of the largest economic rupture in the history of industrial civilization.

This book traces the full arc: from the scarcity assumptions capitalism was built on, through the cognitive threshold AI is crossing for the first time, to the abundance paradox that standard optimism ignores — productive capacity without purchasing power is not abundance — to the specific governance frameworks that could close the loop, and the decision architecture that determines whether they get built in time.

Urgent, honest, and genuinely original. The Last Economy is the book for everyone who senses that the AI conversation is missing something fundamental — and wants to understand what it is before the window to act on that understanding closes.