New Labour

The ‘postmodern economy’ was a con

The global financial crisis has shaken the foundation of Britain’s business model, namely the financial services sector. However, there is no other industry that could possibly compensate for the troubles surrounding the City of London. It’s certain that the era of ‘Cool Britannia’ with its ‘bullshit economy’ is over – at no great loss to mankind. But it’s far less clear what, if anything, could take its place. [...]

Rushing to spend like Britain could leave us out in the cold

So is Australia really just a warmer version of England, as the immigration officer suggested to me 10 years ago? Probably not yet, if simply for the fact that in the past decade Australia has avoided the worst mistakes made in Britain. But if Rudd continues his New Labour-like policies, Australia may well become another Britain, if only without the snow. [...]

Mehr Schröder und Rudd, weniger Lafontaine und Dunwoody

Von Karl Marx wussten die Sozialisten, dass sich Geschichte zweimal ereignet: das eine Mal als Tragödie, das andere Mal als Farce. Heutige Sozialdemokraten können hingegen erleben, wie sich die Geschichte gleich mehrfach und an unterschiedlichen Orten wiederholt. Wie viel davon Tragödie und wie viel Farce ist, steht auf einem anderen Blatt. [...]