The British syndrome: an abdication of responsibility
There are glaring absences at the heart of the UK elections contest. The new preface to his ‘Essay on Britain, now’ – by one of Britain’s leading political thinkers tells us why. Remarkably, it suggests ways in which to free ourselves from the trap we are in. My book, Mammon’s Kingdom, was born of incredulity. The global financial and economic crisis of 2008 was the second most devastating in the long history of capitalism. Only the crisis that began with the Wall Street crash of 1929 and culminated in the Great Depression of the 1930s did more damage to output, employment and welfare. And, just as the crisis of the 1930s made nonsense of the economic orthodoxy of the previous half …