Oct 2025 Issue


Brown Stage Capitalism

Doctorow coined the term “enshittification” in 2022, though it was hardly a new phenomenon even then. In granting apps the right to wield the absurdities of intellectual property law to legally bully their users, the government emboldened tech founders to view their companies as exempt from laws and regulations.

America’s Greatest Mistake

This article appears in the October 2025 issue of The American Prospect magazine. Subscribe here. The World’s Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right) By David J. Lynch PublicAffairs For a time, globalization was synonymous with utopia: the untrammeled flow of capital across borders, new markets waiting to be opened, the growth of developing…

Supermarket Shaping

Critics say Zohran Mamdani’s public grocery store proposal will never work. But Mamdani’s idea isn’t the problem—market consolidation is.

Big Banks Behaving Badly

Decades of consolidation have made large financial institutions the primary partners for small businesses. Two case studies show how banks destroy businesses with automated systems, rather than personal relationships. Meanwhile, America’s relatively meager safeguards are being radically dismantled.


Gift this article