The American Prospect

A monthly political journal of liberal though. Contains articles that generate debate, further ideas, and set agendas; and provides a forum for working through the controversies and hard choices facing all Americans. Includes regular topics and features.

Articles from Vol. 23, No. 2, March

Capital Ideas Online
When Robert Frohwein was driving along Silicon Valley's Sand Hill Road in search of venture capital, he could practically hear the laughter. The year was 2008, when venture firms were hesitant about any new investments, much less the kind of online...
Freelance Nation
The other day, on a Manhattan sidewalk, I ran into a former colleague and asked her what she was doing these days. She shrugged: "I'm in limbo." When I looked her up later to connect online, her LinkedIn profile listed her as CEO of her own consulting...
Good Old Watergate
WATERGATE: A NOVEL BY THOMAS MALLON, Pantheon Books, 448 pages, $26.95 MRS. NIXON: A NOVELIST IMAGINES A LIFE BY ANN BEATTIE Scribner, 282 pages, $26.00 This year will mark the 40th anniversary of the break-in at Democratic National Committee...
Hell's Belles: Tracking the Teen Heroines of the New Dystopian Thrillers
THE HUNGER GAMES TRILOGY (2008-2010) by Suzanne Collins BLOOD RED ROAD (2011) by Moira Young DIVERGENT (2011) by Veronica Roth LEGEND (2011) by Marie Lu Like the flu virus, the genre of dystopic novels for young adults has many...
High Brow, Low Blow
TOM CARSON'S examination of the left's shifting relationship to pop culture ("Snobs Like Us") generated quite a bit of reader feedback: "Kudos Mr. Carson," comments BLUNDELL. "This is one of the best pieces of cultural criticism I've read in years....
Imbalancing Act
In response to MICHAEL LIND'S history and analysis of U.S. free-trade policy ("The Cost of Free Trade"), reader JAMES CHAN writes that a reexamination of U.S. trade policy is necessary: "I agree that America must reform its industrial policy to make...
Mission Aborted: Founded as a Nonpartisan Effort to Elect Anti-Abortion Women to Congress, the Susan B. Anthony List Has Become a Powerful Foe of Democratic Women
In October 2007, Kathy Dahlkemper, whose only previous political experience involved raising money to build a public arboretum in her hometown of Erie, Pennsylvania, decided to run for Congress. Over the previous two and a half decades, the 49-year-old...
Mitt Romney, Hero of Finance
"Creative destruction" is Mitt Romney's best defense for his career in private equity and the trail of displaced workers some of his ventures left behind. The idea comes from the economist Joseph Schumpeter, who argued that capitalism generates economic...
No Funds Left Behind: As States Slash Education Budgets, Private Foundations Have Picked Up the Slack-And Pushed Some Controversial Reforms
[ILLUSTRATION OMITTED] Last spring, as the Texas Legislature debated massive cuts to public schools--one of many desperate measures to close a $27 billion biennial budget deficit--10,000 protesters massed in Austin for a "Save Our Schools" rally....
So What If I Hadn't Been Born?
When does a cell become a person? Last fall, the personhood movement offered Mississippi voters a ballot question that would have added the equation "sperm + egg = full human rights" to the state's constitution. Although Mississippi rejected that amendment,...
Taxing Times
THE BENEFIT AND THE BURDEN: TAX REFORM--WHY WE NEED IT AND WHAT IT WILL TAKE BY BRUCE BARTLETT, Simon & Schuster, 271 pages, $26.00 CORPORATE TAX REFORM: TAXING PROFITS IN THE 21ST CENTURY BY MARTIN A. SULLIVAN, Apress, 174 pages, $19.99 ...
The Cost of Financial Favoritism
[ILLUSTRATION OMITTED] America's knack for invention and risk taking has long been a source of competitive advantage. Entrepreneurs depend not just on ingenuity and nerve but also on capital and credit, which come, or don't, from a variety of sources,...
The Credit Drought
Zachary Davis and Kendra Baker, 30-something co-owners of a small ice-cream manufacturing and retail shop in Santa Cruz, California, sat next to first lady Michelle Obama at the 2011 State of the Union address in honor of their entrepreneurship. They...
The Destruction of Black Wealth
Some youngsters want to grow up to become artists or athletes or firefighters. Some want to be doctors or dancers. Charles Walker wanted to own a supermarket. "Ever since I can remember, I wanted my own grocery store," he said over lunch on a quiet...
The Inside Track: Luck, HBO's Horse-Racing Series, Is about the Other American Pastime: Gaming the System
[ILLUSTRATION OMITTED] Early in the new HBO series Luck, a gangster's chauffeur-cum-bodyguard, Gus Demitriou (Dennis Farina), goes to L.A.'s Santa Anita racetrack with his boss, Chester "Ace" Bernstein (Dustin Hoffman), and makes a bet on a long...
Wall Street's Third Party: Will Americans Elect Upend the Presidential Election?
[ILLUSTRATION OMITTED] THIS NOVEMBER, WHEN BARACK OBAMA FACES OFF AGAINST his Republican opponent, there will be a third candidate in the race, too. This candidate has already qualified for the ballot in 14 states, including California. The campaign...
What It Feels like to Be Poor
BEHIND THE BEAUTIFUL FOREVERS: LIFE, DEATH, AND HOPE IN A MUMBAI UNDERCITY BY KATHERINE BOO, Random House, 256 pages, $27.00 In 2004, shortly after winning a MacArthur genius grant for her reporting on poverty as a New Yorker staff writer, an audibly...