Latest Issue

Hey, big spenders

Many commentators, especially on the left, hope that the economic crisis will prompt us to rethink consumerism. One of America’s leading communitarian philosophers considers what should take its place

In an article in May, the Economist praised France for resisting the worst effects of the global economic crisis. France and Germany appear to have fared well in comparison with Britain and the US. The magazine attributed these differences to the role the state plays in each economy. France is the most statist country, Germany less so and Britain and the US are least state-protected. The Economist usually chides Europeans for not embracing the free market. Hence it rushed to claim that France’s success cannot last and that it and Germany will have to move in the Anglo-Saxon direction in…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect