CONTRIBUTORS TO THIS ISSUE
CLAIRE ARMITSTEAD is literary editor of the Guardian
PAUL BARKER is a writer and broadcaster. He is a senior research fellow at the Institute of Community Studies, Bethnal Green
GRAHAM BOWLEY has just completed a novel on the countryside. He is a former Financial Times journalist
PAUL BROKS is a clinical neuropsychologist. His book, Into the Silent Land, will be published in May by Atlantic Books
EDWARD CHANCELLOR is an assistant editor for Breakingviews, the financial commentary service
MARK COUSINS presents Scene by Scene and Moviedrome on BBC2
GEOFF DYER is the author of The Missing of the Somme (Phoenix Press)
CHARLES GRANT is director of the Centre for European Reform
SUSAN GREENBERG is a writer. She recently edited Therapy on the Couch (Camden Press)
PHILIP HENSHER’snew novel, The Mulberry Empire, will be published by HarperCollins in April
MARK HUBAND is a journalist with the FT. His hook,The Skull Beneath the Skin, was published last September
RW JOHNSON is an emeritus fellow of Magdalen College, Oxford. He lives in South Africa
THOMAS KLAU is the Financial Times Deutschland’s chief correspondent in Brussels and co-author of Ceshommes qui ont fait VEuro (Plon)
ANGELA LAMBERT Snovel, The Property of Rain, is published by Bantum Press
RICHARD LAMBERT was editor of the Financial Times from 1991 to 2001
ALEXANDER LINKLATER is deputy editor of Prospect
JOHN LLOYD is a journalist and author of The Protest Ethic (Demos)
DAVID MARQUAND is principal of Mansfield College, Oxford
CHRIS McGREAL is Africa correspondent for the Guardian
ROWAN MOORE is architecture correspondent for the Evening Standard
ROBERT WADE is professor of political economy at the London School of Economics. He is the author of Governing the Market (Princeton)
MARTIN WOLF is chief economics commentator of the Financial Times
2 PROSPECT March 2002
contentsIssue seventy-two March‘2002
OPINIONS 10 Enron and the press RICHARD LAMBERT Journalists failedto spot the Enron bubble. Asthe power of business increases,better reporting isneeded. 12 Powerless Europe CHARLES GRANT “Soft"power isallwelland good, but tlieEU willneed to toughen up if Washington isgoing to listen.
14 Fissiparous left JOHN LLOYD Canarefusal to publish aeulogy to Blair mark anew coldwar-style fissure within the left?
ESSAYS 22
The liberal nation DAVID MARQUAND Having transformed domestic politics, Tony Blair isconstructing anew idiom forBritain’splace inthe world in which liberal values can coexist with aproper patriotic pride.
26 Gay art lite PHILIP HENSHER Inanage of tolerance, the concept of “gayliterature”isbroadening. After the moralising of the 1950sand the coming-out novels of the 1980s, what doesthe future holdfor the “great gay novel”?
DEBATE 16 Are global poverty and inequality getting worse? ROBERT WADE VS MARTIN WOLF The World Banksaysthe gap between the developing and developedworlds is narrowing. Canwetrust the statistics? What isthe true effectof globalisation?
ESSAY RW Johnsononthe lonelinessof America
The lovethat speaks its name
36 What does France want? THOMAS KLAU Although France remains apivotal power, its40-year domination of the ELIisat anend. There isno clear sense of what the leadership wants. May’selections willbecrucial.
The soleremainingsuperpower actsunilaterallybecauseit can get awaywithit.Europe,via Britain,mustrespondinAfrica
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SPECIAL REPORT 42 Thabo Mbeki’s catastrophe CHRIS MCGREAL Bythe end of this decade, Aidswill havesent 6m South Africans to their graves. Why is the president doing nothing about it?