Prospe c HOPINGFORAUDACITY Can Obama revive American liberalism? By Michael Lind

DECEMBER 2008

POLITICS ESSAYS ARGUMENT

CULTURE AND RECESSION Mark Lawson

SOCIALLY MOBILE BRITAIN David Goodhart & Toby Young

A CRUNCH CAUSED BY LOW WAGES Gerald Holtham

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In this issue:

BEN LEWIS & JONATHAN FORD Pop goes contemporary art

RICHARD BARRY The windmills of my electricity bill

TIM BUTCHER on China in the Congo

PETER OBORNE Dave Cameron the radical

EDWARD CHANCELLOR The cult of Milton Friedman

CHRISTOPHER DE BELLAIGUE Why Iranians always blame the Brits

FICTION by Hassan Blasim

REFLECTIONS ON OBAMA from Martin Walker, Thomas Wright, Jonathan Derbyshire and James Crabtree