In the wake of the familiar crises of Viet Nam, Watergate and inflationary recession, can the American experiment endure and flourish in its third century? This vexing question is tackled in special reports just published by two thoughtful periodicals, the U.S. quarterly the Public Interest and the British weekly the Economist. Both journals raise fresh and unsettling questions about the limitations of American democracy and freedom. However, in their prognoses for the next 100 years, they diverge: the Public Interest has a generally pessimistic forecast for an America that thinks small...
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