Contents

1 Editorial 5 Contributors 6 Letters

Up front

8 HOW TO FIX Worldwide vaccination

Rich nations must stop hoarding—and start sharing 9 WHAT YOU NEED TO

KNOW ABOUT... NFTs

Non-fungible tokens are taking

the art market by storm. But what are they? plus In fact

10 IN PRAISE OF LOST CAUSES Coral

A wonder of nature doomed by climate change ­ € plus Stephen Collins’s

cartoon strip 11 AT LAW Licence to kill

12 VIEW FROM Catalonia How Spain is undermining

the unity of EU law ƒ ƒƒ 13 SPEED DATA Of dreams and drift

Why “social mobility” waffle only cements inequality ƒ 14 THE DUEL Is it OK for protesters to break

the law? „ ƒ ƒ ƒ … ‚† ‚

Essays

Cover story

16 The economics of hope Technology is transforming the world, but most intellectuals are so fixated on the painful disruption that they lose sight of the promise. In contrast, Carlota Perez takes a long view, and explains to Tom Clark why a smart, green and fair tomorrow is on the way

PROSPECT

24 The long shadow of Covid-19 As the pandemic becomes endemic, where do we go next?

30 Another country Romantic visions of rural Britain blind us to the hardship there— as I recall from my childhood

36 Divided we fall It’s perverse—and ahistorical— to force a choice between fighting antisemitism and battling anti-black racism

40 The dangers of safetyism Beware bureaucracies that promise to protect you

46

PROSPECT PORTRAIT Whatever it takes For Brazil’s Jair Bolsonaro, the thuggery is the point

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