Just a quick knee-jerk reaction to Cameron's speech today. If Gordon Brown is to blame for the economic situation in Britain today then presumably America's problems are his fault and so are those of France and Asia. Accusing Labour of being statist is one thing but global domination is certainly not something they would claim to have. Separating off domestic problems may make good political copy which some people might not notice the contradictions of but does not actually make any logical sense or sound policy sense.
Might it not just be something all these societies had in common?
Its definitely not, in her own sound, not over-inflated, estimation her fault.
But my especial finger-wagging, tut-tutting, judgemental raised eyebrow rests equally (I have two eyebrows) on the opposition, the true party of business and business itself for jumping up and down and being shrill every time 'regulation' is even hinted at. You can't adopt a position of objecting to every measure to humanise markets and capitalism (family-friendly, flexible working?) and then abdicate all responsibilty for creating a culture -and here, stop, pause, and think of culture as opposed to laws- of deregulation which then results in the mess we have now. Y'know, hey, these guys are risk-takers (except they're not, hedging? other products for passing off, repackaging/spreading risk? [insert country/institution] stock-market panic?), we should reward them handsomely and set them free and then bail them out when everything goes pear-shaped.
Its funny the same magnanimity doesn't apply to 'working class' 'risky behaviour'.
Ohhh what's the loud noise. Big Bang anyone? No, not the Large Hadron Collider but cast your minds back to 1986/7 and the deregulation of the financial markets. Remember they needed to be set free to take risks.It was good for us.
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