Articles

  • 1 week ago | prospect.org | Ryan Cooper

    Elon Musk is out of the Trump administration—or is he? The richest man in the world announced this week that he is transitioning out of politics and returning to business. “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @RealDonaldTrump for the opportunity to reduce wasteful spending,” he posted on Twitter/X.

  • 1 week ago | prospect.org | Ryan Cooper

    Donald Trump and Elon Musk recently met with South African President Cyril Ramaphosa in the White House. Trump dimmed the lights and showed a video consisting of various right-wing propaganda products purporting to prove that white South Africans are being singled out for their race and killed en masse. It’s a “genocide,” Trump insisted. “They’re being executed, and they happen to be white, and most of them happen to be farmers. I don’t know how you explain that.” “Death, death, death,” he added.

  • 2 weeks ago | prospect.org | Ryan Cooper

    This article appears in the June 2025 issue of The American Prospect magazine. Subscribe here. Little Bosses Everywhere: How the Pyramid Scheme Shaped America By Bridget Read Crown According to classical Marxism, capitalism is destined to collapse on itself because of its supposed inherent contradictions.

  • 2 weeks ago | prospect.org | Ryan Cooper

    It’s official. As my colleague David Dayen and I both predicted, enough Democratic senators have voted for a crypto “regulation” bill (called the GENIUS Act), basically written by the industry and Donald Trump’s minions, that it passed easily on Tuesday. If anything, it was even worse than I expected—just nine Democrats were needed to get to the necessary 60 votes, but 16 voted for it. (Two Republicans, Sens.

  • 3 weeks ago | prospect.org | Ryan Cooper

    As my colleague David Dayen has been covering here at the Prospect, the cryptocurrency “industry” is in the midst of a major lobbying push to get pro-crypto legislation through Congress. The sticking point is the Senate, where to get around the filibuster’s 60-vote requirement, at least seven Democratic votes would be needed, assuming every Republican supports it. That support seemed to be forthcoming, until Donald Trump started using crypto for some of his habitual mind-boggling corruption.

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