‘Abundance’ needs to include constraints on predatory capitalism.
financial industry
Posted inMoney, Politics, and Power
Privatizing Speculative Gain, Socializing Risk
Trump’s grand design for Fannie Mae ignorantly repeats a sordid history.
Posted inEconomic Policy
Usury in the Water
There’s never been a better time to be a loan shark for small businesses.
Posted inMoney, Politics, and Power
Three Coin Monte
The Trump administration is removing every financial guardrail from crypto, in order to enrich the first family and its tech and finance allies while destabilizing the economy.
Posted inPolitics
These 16 Democratic Senators Deserve a Primary
Allowing yourself to be bought by the crypto lobby is unforgivable.
Posted inEconomic Policy
We Can’t Count on Trump’s SEC to Tell Us If He Is Manipulating the Market
The Musk-damaged agency is unlikely to investigate whether Trump and his allies are profiting from advance knowledge about tariff changes or meme coin shenanigans.
Posted inMoney, Politics, and Power
Senior Advisor McHenry at Your Crypto Service
The former congressman is the most employed man in D.C.
Posted inVideos
The Prospect Weekly Roundup: The Underbelly of Finance
On our live show, David and writing fellow James Baratta look at private equity and the Consumer Financial Protection Bureau.
Posted inMoney, Politics, and Power
Private Equity’s Do-or-Die Moment
Regulators have been cracking down on consolidation just as dealmaking dries up and investors head for the exits. Can the lords of finance find a way out?
Posted inMoney, Politics, and Power
The Markets as Master
Trump and Musk could evade public opinion and popular outrage for a while, but the markets have brought them to heel.
