Critics say Zohran Mamdani’s public grocery store proposal will never work. But Mamdani’s idea isn’t the problem—market consolidation is.
Poverty & Wealth
Posted inVideos
The Prospect Weekly Roundup: Crypto Party in Cowboy Country
David and staff writer Whitney Curry Wimbish talk about how crypto bought Congress and how Wyoming is becoming the crypto capital.
Posted inAmerica and the World
This Greenland Is Red
The small island nation has one of the largest and most successful portfolios of state-owned companies in the world. What?
Posted inMoney, Politics, and Power
Down and Out on the Crypto Frontier
In Wyoming, the Delaware of cryptocurrency, industry players celebrated their fortunes and said everyone will benefit. But workers haven’t seen it.
Posted inEconomic Policy
Clamoring to Tax the Rich
In Berkeley, New York, Paris, and Vatican City, it’s become central to political battles—and religious concerns.
Posted inEconomic Policy
The Plutonomy Is Still Going Strong
For the last 20 years, analysts have known that this is an economy by and for the rich.
Posted inHealth and Social Policy
More Americans Going Hungry, Worst Still to Come
Food banks around the country are reporting an uptick in visits. Grocery store chains are reporting an uptick in profit.
Posted inPolitics
Maine’s Populist Senate Candidate Thinks We Are in a New Gilded Age
Graham Platner’s challenge to Susan Collins and the Democratic establishment could remake a bruised and aimless Democratic coalition.
Posted inMoney, Politics, and Power
Plenty of Room for Lawmakers to Profit Under Proposed Stock Ban
A better way to stop politicians’ insider trading is by allowing them to invest only in plain-vanilla mutual funds, Wall Street insiders told the Prospect.
Posted inLaw and Justice
When Sleeping Is a Crime
With a new executive order and model state legislation criminalizing homelessness, the richest people in the U.S. are making it easier to lock up the poorest.