The Nation magazine has been completely dependent on a wealthy benefactor since it started publishing 100 years ago. It has yet to make one dime of profit on its own and would have gone out of business decades ago otherwise.


Just to provide a slight correction and a little context here, The Nation has turned a profit in three or four years of its publication, which started
in 1865, much more than 100 years ago.  Its conservative counterparts,
The National Review and The Weekly Standard have never turned a
profit, and The Weekly Standard at least is supposedly very much a
commercial enterprise.  The Weekly Standard is completely dependent
on a single wealthy benefactor, Rupert Murdoch, while The National
Review stays afloat from a somewhat broader base of wealthy
supporters.  That base is not nearly as broad as that of The Nation,
many whose supporters are not wealthy.


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