,DESPAIR ,FATIGUE 
,H[ HOPELESSNESS GREW BOR+ 

,PEOPLE 3 

,AU?OR 3 ,DAVID ,GRAEB] 

,TEXT 3 

,IS IT POSSIBLE TO BECOME BOR$ ) HOPELESSNESS8 

,!RE IS REASON TO BELIEVE SOME?+ LIKE ?AT IS BEG9N+ TO HAPP5 9 ,GREAT ,BRITA94 ,CALL IT DESPAIR FATIGUE4 

,= NE>LY HALF A C5TURY1 ,BRITI% CULTURE1 P>TICUL>LY ON ! LEFT1 HAS MADE AN >T \T ( DESPAIR4 ,?IS IS ! L& :]E 0,NO ,FUTURE = ,Y\0 BECAME ! MOTTO ( A G5]ATION1 & !N ANO!R G5]ATION1 & !N ANO!R4 ,FROM ! CRUMBL+ ( ITS EMPIRE1 TO ! CRUMBL+ ( ITS 9DU/RIAL CITIES1 TO ! CURR5T CRUMBL+ ( ITS WELF>E /ATE1 ! C\NTRY SEEM$ TO BE EXPLOR+ EV]Y POSSIBLE P]MUTATION ( DESPAIR3 DESPAIR AS RAGE1 DESPAIR AS RESIGNATION1 DESPAIR AS HUMOR1 DESPAIR AS PRIDE OR SECRET PLEASURE4 ,IT'S ALMO/ AS IF IT'S F9ALLY RUN \T4 

,ON ! SURFACE1 & FROM A DI/ANCE1 ,BRITA9 LOOKS LIKE IT'S EXP]I5C+ ONE ( ! /RANG] P>OXYSMS ( MASO*I/IC SELF-DE/RUCTION 9 WORLD HI/ORY4 ,S9CE ! ,CONS]VATIVE VICTORY ( #b#a1 FIR/ 9 COALITION ) ! ,LIB]AL ,DEMOCRATS & N[ ON ITS [N1 ! ,BRITI% GOV]NM5T HAS SET \T TO SY/EMATICALLY UNRAVEL MU* ( :AT MAKES LIFE GOOD & DEC5T 9 ! C\NTRY4 ,CONS]VATIVE LEAD]S />T$ BY TRA%+ ! ,UNIT$ ,K+DOM'S ONCE PR\D UNIV]SITY SY/EM1 :ILE EYE+ ! GREATE/ S\RCE ( NATIONAL PRIDE & DIGNITY1 ! UNIV]SAL HEAL? GU>ANTEES ( ! ,NATIONAL ,HEAL? ,S]VICE4 ,ALL ( ?IS IS BE+ DONE 9 ! NAME ( AN ECONOMIC DOCTR9E--AU/]ITY1 ! IMP]ATIVE NE$ = FISCAL DISCIPL9E--?AT NO ONE G5U9ELY BELIEVES 9 & :OSE RESULTS PRETTY MU* EV]YONE DEPLORES 79CLUD+ PRIME M9I/] ,DAVID ,CAM]ON1 :O 9 PRIVATE HAS D5\NC$ ! DECL9E ( HIS LOCAL PUBLIC S]VICES71 9 RESPONSE TO AN EXI/5TIAL CRISIS ?AT DOES NOT EXI/4 

,H[ DID ?IS HAPP58 ,IT APPE>S ?AT ! 5TIRE POLITICAL CLASS HAS BECOME TRAPP$ 9 ! BIZ>RELY SUCCESSFUL N>RATIVE ?AT SWEPT ! ,TORIES 9TO P[] AFT] ! CRA% ( #bh & /ILL SU/A9S !M LONG AFT] ITS CONSEQU5CES HAVE RUN BEYOND ANY SORT ( HUMANITY OR COMMON S5SE4 

,BOOM ,CRA% ,OP]A 

,PRETTY MU* EV]Y MAJOR SITT+ GOV]NM5T WAS BOOT$ \T AFT] ! CRA%1 & ! POLITICAL COMPLEXION ( ! GOV]NM5T 9 QUE/ION L>GELY DET]M9$ ! POPUL> N>RATIVE ( :AT HAD CAUS$ ! CRA% TO BEG9 )4 ,9 ! ,UNIT$ ,/ATES1 IT WAS ,GEORGE ,W4 ,BU%'S FAULT1 SO ! POPUL> ONUS FELL ON ! ,C,E,OS & H$GE FUND MANAG]S :O ,BU% US$ TO REF] TO1 AT FUNDRAIS]S1 AS HIS 0BASE40 ,NONE W]E ACTUALLY PROSECUT$1 BUT MO/ ,AM]ICANS FELT /RONGLY ?AT !Y \<T TO BE4 ,9 ! ,UNIT$ ,K+DOM1 :]E ,GORDON ,BR[N'S ,LABOR ,P>TY WAS SITT+ 9 ,D[N+ ,/REET1 EV]YONE ACCEPT$ ! OPPOSITION'S N>RATIVE ?AT ! ,BRITI% CRA% RESULT$ FROM IRRESPONSIBLE SOCIAL SP5D+ & GOV]NM5T DEFICITS4 ,9 FACT1 ! ,TORIES F\ND ?AT APPEAL+ TO A RHETORIC ( %>$ SACRIFICE1 BELT-TI<T5+1 & EV5 COLLECTIVE SUFF]+ /RUCK A *ORD 9 ! ,BRITI% PUBLIC4 ,?IS WAS P]HAPS MO/ TRUE ( WORK+-CLASS VOT]S4 ,N[ ALMO/ 5TIRELY /RIPP$ ( ANY S5SE ( COMMUNITY1 NEI<BORHOOD1 OR WORKPLACE SOLID>ITY BY DECADES ( RI<T-W+ SOCIAL 5G9E]+1 !Y SAW ! H>D TIMES & RATION+ ( ,WORLD ,W> ,I,I AS ! LA/ TIME ,BRITONS HAD ACT$ ) A G5U9E COMMON PURPOSE4 

,! SOCIAL EFFECTS ( ! SP5D+ CUTS--ALL O/5SIBLY AIM$ AT R$UC+ ! SUPPOS$LY CATA/ROPHIC GOV]NM5T DEBT OV]HANG--HAVE BE5 DEVA/AT+4 ,BRITI% UNIV]SITIES1 :I* NOT SO MANY YE>S AGO W]E 7AS 9 MO/ ( ,EUROPE7 5TIRELY FREE1 HAVE BECOME AMONG ! MO/ EXP5SIVE 9 ! WORLD4 ,SOCIAL H\S+ HAS BE5 RANSACK$1 SUBSIDIES HAVE BE5 CUT1 & SQUATT+ 9 RESID5TIAL PROP]TIES WAS MADE ILLEGAL AT EXACTLY ! MOM5T T5S ( ?\S&S W]E BE+ 0DECANT$0 FROM !IR HOMES4 ,TO BE POOR N[ MEANS TO BE 5DLESSLY ASSESS$1 MONITOR$1 & SURVEY$1 & ALMO/ 9V>IABLY F\ND WANT+4 ,NO ONE REALLY KN[S H[ MANY ?\S&S ( PEOPLE HAVE DI$ AS A RESULT ( ! FREEFALL 9 GOV]NM5T SUPPORT1 BUT TO GET JU/ AN 9KL+3 BETWE5 ,DECEMB] #baa & ,FEBRU>Y #b#a#d1 ! ,DEP>TM5T ( ,WORK & ,P5SIONS REPORT$ ?AT #b1#c#h ,BRITONS PREVI\SLY ON DISABILITY SUPPORT W]E F\ND DEAD NO MORE ?AN SIX WEEKS AFT] RECEIV+ NOTICE ?AT !Y W]E HAV+ !IR B5EFITS CUT BECAUSE !Y HAD BE5 DET]M9$ TO BE 0FIT = WORK40 

,ONE REASON ?IS C\LD HAPP5 IS ?AT !RE'S BE5 VIRTUALLY NO PUBLIC DEBATE ON AU/]ITY ITSELF4 ,AT NO PO9T1 = EXAMPLE1 DID A MAJOR ,T,V NEWS \TLET HO/ A PANEL ( ECONOMI/S DISCUSS+ :E!R PUBLIC DEBT WAS REALLY ! CAUSE ( ! ECONOMIC CRISIS1 OR DEBAT+ :E!R ,EUROPEAN-/YLE AU/]ITY OR ,OBAMA-/YLE FISCAL /IMULUS W\LD BE A MORE APPROPRIATE RESPONSE4 ,! ONLY QUE/IONS W]E H[ MU* BUDGET CUTT+ WAS REQUIR$ & :]E ! CUTS %\LD FALL4 ,?IS CONFID5T ,TORY N>RATIVE REIGN$ UN*ALL5G$ FROM ! RUDE/ HACK 9 ! ,DAILY ,MAIL TO ! MO/ *ISEL$ EM95CE ( ! 7SUPPOS$LY SOCIALI/7 ,B,B,C1 & ALL FIGURES ( PUBLIC AU?ORITY HELD TO IT EV5 AFT] ! IMM$IATE EFFECTS ( ! CUTS PROV$ SPECTACUL>LY 9EFFECTIVE4 ,EV5 AS D\BLE DIP TURN$ TO TRIPLE DIP & ,TORY *ANCELLOR ,GEORGE ,OSBORNE D\BL$ D[N BY MAK+ 9CREAS+LY BIZ>RE PL$GES 7?AT ALL FUTURE GOV]NM5TS W\LD RUN A SURPLUS1 ?AT ,BRITA9 W\LD COMPLETELY ELIM9ATE ITS NATIONAL DEBT1 ETC471 SC>CELY ANY MAJOR PUNDIT1 $ITORIALI/1 OR ,T,V COMM5TATOR BROKE RANKS4 ,& :51 AFT] YE>S ( ABJECT MIS]Y1 ! ECONOMY1 9EVITABLY1 BEGAN TO /IR A T9Y BIT1 ALL 9/ANTLY PROCLAIM$ ?AT ,OSBORNE WAS V9DICAT$4 

,?IS CONS5SUS1 ODDLY1 HAS NEXT TO NO?+ TO DO ) ! OP9IONS ( PR(ESSIONAL ECONOMI/S4 ,ALMO/ ALL ,BRITI% ECONOMI/S UND]/OOD ?AT ! GAP+ DEFICITS ( #bh & #bi HAD BE5 CAUS$ BY ! BANK+ CRISIS1 NOT ! O!R WAY >\ND4 ,LIKEWISE1 ANYONE PAY+ ATT5TION KNEW ?AT CUTBACKS ( PUBLIC S]VICES TO 0SAVE MONEY0 R$UC$ ECONOMIC ACTIVITY1 & H5CE GOV]NM5T TAX REV5UES1 & SO REALLY HAD ! EFFECT ( RAIS+1 NOT L[]+ DEFICITS4 ,MO/ ALSO UND]/OOD ?AT DEFICITS W]5'T REALLY MU* ( A PROBLEM TO BEG9 )4 ,BUT EV5 ! OP9ION ( MA9/REAM ECONOMI/S WAS1 SUDD5LY1 EXCLUD$ FROM PUBLIC DEBATE4 ,BY #b#a#b1 EV5 ! ,I,M,F WAS ISSU+ /ATEM5TS URG+ ! ,TORIES TO LAY (F4 ,BUT Y\'D NEV] LE>N ANY ( ?IS FROM ! ,TIMES1 ! ,OBS]V]1 OR ! ,B,B,C4 

,H[ C\LD SU* TOTAL1 LOCK-/EP DEFIANCE ( REALITY BE MA9TA9$ 9 A C\NTRY ) A =MALLY FREE PRESS & HI<LY $UCAT$ POPULATION8 ,TO SOME DEGREE1 Y\ F9D ! FAMILI> BUBBLE EFFECT4 ,POLITICIANS1 J\RNALI/S1 LOBBYI/S1 ,C,E,OS1 & CORPORATE BUREAUCRATS R>ELY TALK TO ANYONE EXCEPT EA* O!R4 ,!Y CON/ITUTE A DI/9CT 9TELLECTUAL UNIV]SE4 ,)9 ?IS UNIV]SE1 ECONOMIC POLICIES >E DESIGN$ PRIM>ILY = POLITICAL M>KETABILITY2 ECONOMIC SCI5CE EXI/S L>GELY TO PROVIDE IMPRESSIVE DIAGRAMS & EQUATIONS TO SELL !M )4 ,PHRASES DESIGN$ 9 ?9K TANKS & FOCUS GR\PS 70FREE M>KETS10 0WEAL? CREATORS10 0P]SONAL RESPONSIBILITY10 0%>$ SACRIFICE07 >E REPEAT$ LIKE 9CANTATIONS UNTIL IT ALL SEEMS LIKE SU* UN?9K+ COMMON S5SE ?AT NO ONE EV5 ASKS :AT ! RESULT+ PICTURE HAS TO DO ) SOCIAL REALITY4 ,TRUE1 ! BUBBLE LOGIC CAN BE MA9TA9$ ONLY BY A C]TA9 /UDI$ IGNORANCE ( H[ ! ECONOMY REALLY WORKS4 ,ONE #bad POLL DISCOV]$1 = 9/ANCE1 ?AT #i P]C5T ( SITT+ ,M,PS1 = ALL !IR 5DLESS DEBATES ON ! NE$ TO SAVE MONEY1 DIDN'T KN[ :]E MONEY COMES FROM4 7,!Y ?\<T IT WAS CREAT$ BY ! ,ROYAL ,M9T47 

,! BUBBLE EFFECT IS NOT UNIQUE TO ,BRITA91 ( C\RSE4 ,POLITICAL DEBATE 9 ! ,UNIT$ ,/ATES1 ,JAPAN1 OR ,G]MANY WORKS MU* ! SAME WAY4 ,BUT 9 ,BRITA91 ?+S HAVE GONE SO F> ?AT WE >E BEG9N+ TO SEE A CLASSIC ,BIG ,LIE RE9=C] EFFECT4 ,:5 ! CONS5SUS REALITY GETS ?IS COMPLETELY DIVORC$ FROM ACTUALLY EXI/+ REALITY1 :5 SO MANY 9NOC5T PEOPLE HAVE SUFF]$ AS A RESULT1 & :5 ANYONE PO9T+ ?IS \T HAS BE5 SO CONSI/5TLY & AGGRESSIVELY D5\NC$ AS A T9FOIL-HAT-WE>+ FLAT-E>!R OR ,TROTSKYITE1 TO BREAK RANKS W\LD MEAN ADMITT+ ?AT ! LUNATICS W]E RI<T4 ,!RE IS NO?+ ! E/ABLI%$ M$IA IS MORE LOA! TO DO4 

,! DIVORCE BETWE5 CONS5SUS & REALITY HAS GR[N SO EXTREME & UNWORKABLE ?AT EV5 ! TE*NOCRATS *>G$ ) RUNN+ ! SY/EM HAVE />T$ TO CRY F\L4 ,9 #bad ! ,BANK ( ,5GL&--ITS ECONOMI/S APP>5TLY EXHAU/$ BY HAV+ TO C>RY \T ECONOMIC POLICY 9 A MADE-UP1 TOPSY-TURVY WORLD DESIGN$ ONLY TO B5EFIT ! RI*--ISSU$ A /ATEM5T ON 0,MONEY ,CREATION 9 ! ,MOD]N ,ECONOMY0 ?AT EFFECTIVELY DE/ROY$ ! 5TIRE !ORETICAL BASIS = AU/]ITY4 ,MONEY1 !Y NOT$1 IS NOT CREAT$ BY GOV]NM5TS1 OR EV5 C5TRAL BANK]S1 :O MU/ BE C>EFUL NOT TO MAKE TOO MU* ( IT LE/ !Y SP>K 9FLATION2 IT'S ACTUALLY CREAT$ BY PRIVATE BANKS MAK+ LOANS4 ,)\T DEBT !RE W\LD BE NO MONEY4 ,! PO/-,KEYNESIAN HET]ODOX ECONOMI/S1 REGUL>LY D5\NC$ AS A LUNATIC FR+E BY ?OSE COMM5TATORS WILL+ TO ACKN[L$GE !IR EXI/5CE1 W]E RI<T4 

,NO MAJOR NEWS \TLET CONSID]$ ?IS A /ORY2 POLITICIANS CONT9U$ PREA*+ !IR MORALITY TALES ( ! EVILS ( DEBT EXACTLY AS !Y HAD BE=E4 

,NO?+ BUT ,CLASS 

,SO :AT IS ! REAL BASIS ( ! ,BRITI% ECONOMY8 ,IT IS1 AFT] ALL1 ! FIF? L>GE/ 9 ! WORLD4 

,IT'S IMPORTANT TO REMEMB] ?AT1 DESPITE MU* RHETORIC TO ! CONTR>Y1 ! ECONOMY ( ! ,UNIT$ ,K+DOM1 LIKE ?OSE ( O!R WEAL?Y C\NTRIES1 IS L>GELY SELF-SU/A9+4 ,!RE >E /ILL F>MS1 FACTORIES1 M9ES1 FI%]IES1 & >TISANAL WORK%OPS1 & !SE CONT9UE TO MEET MO/ ( ! C\NTRY'S MAT]IAL NE$S4 ,MU* ( ! FEEL+ ?AT ,BRITA9 HAS DE9DU/RIALIZ$ IS DUE TO ! DECL9E ( ! GIANT FACTORIES ( MID-C5TURY4 ,BUT !SE W]E ALWAYS SOME?+ ( AN ANOMALY3 FROM ! HEYDAY ( ! ,9DU/RIAL ,REVOLUTION TO ! ,VICTORIAN ]A1 :5 ,BRITA9 L$ ! WORLD 9 PRODUCTION & TE*NOLOGICAL 9NOVATION1 ! ECONOMY WAS DOM9AT$ BY A COMB9ATION ( HI< F9ANCE & SMALL FAMILY FIRMS--MU* AS IT IS TODAY4 

,/ILL1 9 MANY WAYS ,BRITA9 RESEMBLES AN IMP]IAL ECONOMY3 :ILE IT DOES EXPORT MA*9]Y1 PH>MACEUTICALS1 PLA/ICS1 PETROL1 & A :OLE V>IETY ( HI<-QUALITY >TISANAL PRODUCTS1 9 %E] MAT]IAL T]MS IT TAKES 9 F>1 F> MORE ?AN IT S5DS \T4 ,SO WE MU/ ASK A SIMPLE QUE/ION3 ,:Y DO O!R C\NTRIES CONT9UE TO S5D !IR ?+S TO ,BRITA98 ,H[ IS IT ?AT ! ISL& MANAGES TO TAKE 9 SO MU* MORE FROM ! RE/ ( ! WORLD ?AN IT GIVES !M 9 RETURN8 

,! CONV5TIONAL ANSW] IS1 ( C\RSE1 0F9ANCIAL S]VICES40 ,! ECONOMY ( ! ,UNIT$ ,K+DOM N[ TURNS >\NDITS F9ANCIAL HUB1 ! ,CITY ( ,LONDON1 :OSE L>GE/ FIRMS PLAY AN 5ORM\S ROLE 9 COORD9AT+ 9T]NATIONAL TRADE4 ,! ,CITY'S ADVANTAGES >E P>TLY JU/ ?OSE ( ,GRE5WI* ,MEAN ,TIME3 A BILLIONAIRE 9 ,QAT> OR ,MUMBAI CAN MAKE A CALL TO HIS BROK] 9 ,LONDON ) ONLY A FEW H\RS DIFF]5CE2 9 ,NEW ,YORK1 LET ALONE ,CALI=NIA1 IT'S LIKELY TO BE ! MIDDLE ( ! NI<T4 ,:AT'S MORE1 ! SAME BILLIONAIRE CAN SPEAK TO A BROK] ) A FAMILI>1 REASSUR+ ,OXBRIDGE ACC5T1 GIV+ HIM ! PLEASANT FEEL+ ( N[ HAV+ ! GR&SON ( HIS C\NTRY'S =M] COLONIAL (FICIALS AT HIS BECK & CALL4 

,SURELY !RE IS SOME?+ 9 ?IS4 ,BUT IT CANNOT BE ! :OLE EXPLANATION4 ,! SCALE IS JU/ TOO L>GE4 ,DO PEOPLE 9 ,BRAZIL OR ,KOREA REALLY S5D 5DLESS CONTA9] %IPS FULL ( /EEL1 C>S1 OR COMPUT]S TO ,BRITA9 BECAUSE !Y >E *>M$ BY ,OXBRIDGE ACC5TS OR AW$ BY ITS SKILL AT PAP]WORK8 ,BECAUSE PAP]WORK1 AFT] ALL1 IS ALL ?AT 0F9ANCIAL S]VICES0 ULTIMATELY IS1 & !RE >E PL5TY ( PEOPLE 9 ,BRAZIL & ,KOREA :O >E EXTREMELY GOOD AT PAP]WORK AS WELL4 

,ANO!R >GUM5T1 COMMON 9 LEFTI/ CIRCLES1 IS ?AT ,BRITA9 IS SIMPLY REAP+ ! B5EFITS ( ITS POSITION AS LOYAL LIEUT5ANT ( ! ,AM]ICAN EMPIRE4 ,! ,U4,S4-SPONSOR$ 0F9ANCIAL SY/EM0 IS1 AS ECONOMI/S LIKE ,MI*AEL ,HUDSON HAVE >GU$1 L>GELY A %AK$[N SY/EM1 A MEANS ( EXTRACT+ SOME?+ IF NOT ID5TICAL TO1 !N V]Y LIKE IMP]IAL TRIBUTE FROM ! RE/ ( ! WORLD4 ,BRITA91 SO UND]/OOD1 C\LD !N BE SE5 AS FACILITAT+ ! PROCESS )9 ITS [N =M] IMP]IAL T]RITORIES1 P]HAPS ) A COV]T EYE TO FLIPP+ ITS ALLEGIANCES TO ,*9A & ,9DIA :5 !IR TIME COMES4 ,NO D\BT !RE IS SOME?+ TO ?IS TOO1 BUT AGA91 IT'S H>DLY A COMPLETE EXPLANATION4 ,9 ! ,UNIT$ ,K+DOM1 0F9ANCE0 IS BAS$ ABOVE ALL 9 REAL E/ATE1 & ! REAL E/ATE BUBBLE ?AT SU/A9S ! ,CITY IS ITSELF SU/A9$ BY ! FACT ?AT PRETTY MU* EV]Y BILLIONAIRE 9 ! WORLD FEELS !Y HAVE TO MA9TA9 AT LEA/ A FLAT1 & MORE (T5 A T[NH\SE1 9 A FA%IONABLE P>T ( ,LONDON4 ,:Y8 ,!RE >E PL5TY ( O!R WELL-APPO9T$ MOD]N CITIES 9 ! WORLD1 MO/ ( :I* HAVE A DECID$LY MORE APPEAL+ CLIMATE4 ,YET EV5 MORE ?AN1 SAY1 ,NEW ,YORK OR ,SAN ,FRANCISCO1 ,LONDON REAL E/ATE HAS BECOME SOME?+ LIKE ,U4,S4 TREASURY BONDS1 A BASIC CURR5CY ( ! 9T]NATIONAL RI*4 

,IT'S :5 ONE ASKS QUE/IONS LIKE !SE ?AT ECONOMICS & POLITICS BECOME 9DI/+UI%ABLE4 ,?OSE :O HAVE 9VE/IGAT$ ! SITUATION F9D ?AT ,LONDON'S APPEAL--& BY EXT5SION1 ,BRITA9'S--RE/S ON TWO FACTORS4 ,FIR/ ( ALL1 ,RUSSIAN OLIG>*S OR ,SAUDI PR9CESSES KN[ !Y CAN GET PRETTY MU* ANY?+ !Y WANT 9 ,LONDON1 FROM ANTIQUE C&ELABRAS & HI<-TE* SPY DEVICES1 TO ,M>Y ,POPP9S-/YLE NANNIES = !IR *ILDR51 FRE% LOB/]S DELIV]$ BY BICYCLE 9 ! WEE H\RS1 & EV]Y CONCEIVABLE V>IETY ( EXOTIC SEXUAL S]VICE1 MUSIC1 & FOOD4 ,:AT'S MORE1 ! BOODLES WILL BE DELIV]$ BY A *E]FUL1 CREATIVE1 & SUBS]VI5T WORK+-CLASS POPULATION :O1 DRAW+ ON C5TURIES ( TRADITION1 KN[ EXACTLY H[ TO BE BUTL]S4 ,! SECOND FACTOR IS SECURITY4 ,IF ONE IS A N\VEAU RI*E CON/RUCTION MAGNATE OR DIAMOND TRAD] FROM ,HONG ,KONG1 ,DELHI1 OR ,BAHRA91 ONE IS KE5LY AW>E ?AT AT HOME1 SOME?+ C\LD /ILL GO T]RIBLY WRONG3 REVOLUTION1 A SUDD5 ,U-TURN ( GOV]NM5T POLICY1 EXPROPRIATION1 VIOL5T UNRE/4 ,NONE ( ?IS C\LD POSSIBLY HAPP5 9 ,NOTT+ ,HILL OR ,*ELSEA4 ,ANY POLITICAL *ANGE ?AT W\LD SIGNIFICANTLY AFFECT ! MO/ WEAL?Y WAS EFFECTIVELY TAK5 (F ! TABLE ) ! ,GLORI\S ,REVOLUTION ( #a#f#h#h4 

,9 O!R WORDS1 ! HI/ORICAL DEFEAT & HUMILIATION ( ! ,BRITI% WORK+ CLASSES IS N[ ! ISL&'S PRIM>Y EXPORT PRODUCT4 ,BY ORGANIZ+ ! 5TIRE ECONOMY >\ND ! RESULTANT H\S+ BUBBLE1 ! ,TORIES HAVE 5SUR$ ?AT ! BULK ( ! ,BRITI% POPULATION IS AW>E1 AT LEA/ ON SOME TACIT LEVEL1 ?AT IT IS PRECISELY ! GLOBAL APPEAL ( ! ,5GLI% CLASS SY/EM1 UP TO & 9CLUD+ ! CONTEMPTU\S SNE] ( ! ,OXBRIDGE GRADUATES 9 ,P>LIAM5T *UCKL+ OV] ! IMP5D+ REMOVAL ( H\S+ B5EFITS1 ?AT IS ALSO KEEP+ AF=DABLE TRACK %OES1 BE]1 & CONSUM] ELECTRONICS FL[+ 9TO ! C\NTRY4 ,IT'S AN IMPOSSIBLE DILEMMA4 ,IT'S H>DLY SURPRIS+1 !N1 ?AT SO MANY TURN TO CYNICAL RI<T-W+ POPULI/S LIKE ,U,K,I,P1 :O MANIPULATE ! RESULT+ 9DIGNATION BY FOM5T+ RAGE AGA9/ ,POLI% CON/RUCTION WORK]S 9/EAD ( ,RUSSIAN OLIG>*S1 ,BANGLADE%I DRIV]S 9/EAD ( ,QAT>I PR9CES1 & ,WE/ ,9DIAN PORT]S 9/EAD ( ,BRAZILIAN /EEL TYCOONS4 

,?IS M>KET+ ( CLASS SUBS]VI5CE IS ! ESS5CE ( ,TORY ECONOMIC /RATEGY4 ,9DU/RY MAY BE TR\NC$ & ! UNIV]SITY SY/EM TURN$ 7BACK7 9TO A PLAYGR\ND = ! RI*1 BUT EV5 IF ?IS LEADS TO A COLLAPSE ( TE*NOLOGY & ! KN[L$GE ECONOMY1 ! 5D RESULT WILL ONLY SEAL 9 MORE FIRMLY ! CLASS SY/EM ?AT PRODUCES ,TORY POLITICIANS3 ,5GL& WILL LIT]ALLY HAVE NO?+ ELSE TO SELL4 

,TONY ,BLAIR'S ,NEW ,LABOR POLICIES1 :I*1 DESPITE ! ,LABOR ,P>TY'S WORK+-CLASS FUND+ BASE1 BASICALLY REPRES5T$ ! S5SIBILITIES ( ! PR(ESSIONAL CLASSES1 DID ATTEMPT TO =GE AN ALT]NATIVE VISION4 ,= ! ,BLAIRITES1 ! ,UNIT$ ,K+DOM'S FUTURE LAY 9 :AT !Y CALL$ ! 0CREATIVE 9DU/RIES40 ,HAD NOT ! ,UNIT$ ,K+DOM1 REGUL>LY S9CE ! SIXTIES1 PRODUC$ WAVES ( POPUL> MUSIC & Y\? CULTURE ?AT HAD SWEPT ! WORLD1 BR++ 9 BILLIONS 9 DIRECT & 9DIRECT REV5UE8 ,IT MU/ HAVE SEEM$ A PLAUSIBLE GAMBIT 9 ! N9ETIES1 BUT IT FAIL$ BECAUSE ! ,BLAIRITES W]E OP]AT+ ) A COMPLETELY FALSE UND]/&+ ( :]E CULTURAL CREATIVITY COMES FROM4 

,!Y NAIVELY ASSUM$ CREATIVITY WAS BASICALLY A MIDDLE-CLASS PH5OM5ON1 ! PRODUCT ( PEOPLE LIKE !MSELVES4 ,9 FACT1 ALMO/ EV]Y?+ WOR?:ILE ?AT HAS COME \T ( ,BRITI% CULTURE = ! LA/ C5TURY1 FROM MUSIC HALL1 TO /REET KEBABS1 TO /&UP COM$Y1 ROCK 'N' ROLL1 & ! RAVE SC5E1 HAS BE5 PRIM>ILY A WORK+-CLASS PH5OM5ON4 ,ESS5TIALLY1 !SE W]E ! ?+S ! WORK+ CLASS CREAT$ :5 !Y W]5'T ACTUALLY WORK+4 ,! SPR\T+ ( ,BRITI% POPUL> CULTURE 9 ! SIXTIES WAS 5TIRELY A PRODUCT ( ! ,UNIT$ ,K+DOM'S !N V]Y G5]\S WELF>E /ATE4 ,!RE IS A REASON ?AT 9 ,COCKNEY RHYM+ SLANG1 ! WORD = 0DOLE0 IS 0ROCK 'N' ROLL070HE GOT ! SACK1 HE'S ON ! ROCK 'N' ROLL AGA9073 A SURPRIS+ PROPORTION ( MAJOR B&S LAT] TO SWEEP ! WORLD SP5T AT LEA/ SOME ( !IR =MATIVE YE>S ON UNEMPLOYM5T RELIEF4 ,BLAIRITES W]E /UPID 5\< TO COMB9E !IR PROMOTION ( 0,COOL ,BRITANNIA0 ) MASSIVE WELF>E RE=MS1 :I* EFFECTIVELY GU>ANTE$ ! 5TIRE PROJECT W\LD CRA% & BURN1 S9CE !Y 5SUR$ ?AT PRETTY MU* EV]YONE ) ! POT5TIAL TO BECOME ! NEXT ,JOHN ,L5NON W\LD 9/EAD SP5D ! RE/ ( !IR LIVES /ACK+ BOXES 9 !IR LOCAL ,TESCO AS P>T ( ! NEW WELF>E CONDITIONALITY4 

,9 ! 5D1 ALL ?AT ! ,BLAIRITES MANAG$ TO PRODUCE WAS A WORLD-CLASS M>KET+ SECTOR 7S9CE ?AT'S :AT MIDDLE-CLASS PEOPLE >E ACTUALLY GOOD AT72 O!RWISE1 !Y HAD NO?+ TO %[ = !MSELVES AT ALL4 

,! ,RETURN ( ! ,FUTURE 

,ALL ?IS MI<T SEEM IRR$EEMABLY BLEAK4 ,ALL ! MORE SURPRIS+1 !N1 ?AT ! MA9 REACTION ON ! LEFT1 BEG9N+ T5TATIVELY ) ! #ba /UD5T MOVEM5T & N[ EXPLOD+ EV]Y:]E1 HAS BE5 A WAVE ( ALMO/ 9SOL5T OPTIMISM & A 7ADMITT$LY HESITANT7 RETURN TO UTOPIAN VISIONS4 ,?IS IS :Y ,I />T$ BY SPEAK+ ( 0DESPAIR FATIGUE40 ,!RE IS A /ILL SMALL BUT GR[+ REALIZATION ?AT IF ,GREAT ,BRITA9 IS GO+ TO 5T] HI/ORY AGA9--IF !RE IS GO+ TO BE ANY SORT ( GR&1 POSITIVE VISION = ITS FUTURE--?AT VISION CAN COME ONLY FROM ! LEFT4 

,:5 ALL IS SAID & DONE1 ! ,TORY & ,NEW ,LABOR VISIONS >5'T REALLY VISIONS AT ALL4 ,TRUE1 9 ,?AT*]'S TIME1 & EV5 TO SOME DEGREE 9 ,TONY ,BLAIR'S1 ! M>KET RE=M]S MANAG$ TO PASS !MSELVES (F AS 9 SOME S5SE ! REAL REVOLUTION>IES4 ,BUT NO ONE MAKES SU* A CLAIM ANYMORE4 ,! SAME LIP S]VICE IS PAID TO ! IDEA ?AT M>KET 5?USIA/S >E Y\NG1 5?USIA/IC1 & TE*-SAVVY1 & ?AT ?OSE :O DEF5D ! REMA9S ( ! WELF>E /ATE >E A PACK ( BITT] OLD GEEZ]S :9+ AT ! PUB4 ,?IS PRET5SE IS BECOM+ 9CREAS+LY HOLL[ TOO4 ,HAV+ A*IEV$ !IR CONS5SUS REALITY1 ! ONLY ?+ ! POLITICAL CLASSES HAVE LEFT TO DO IS DEF5D IT4 ,EV]YONE KN[S ! ,CONS]VATIVES HOLD SWAY PRECISELY BECAUSE !Y HAVE CONV9C$ ! PUBLIC !Y ACTUALLY >E CONS]VATIVES2 !IR FABL$ 0COMPET5CE0 REALLY COMES D[N TO ! >GUM5T ?AT ONLY !Y CAN MANAGE TO HOLD ?+S TOGE!R1 R\<LY AS !Y CURR5TLY EXI/1 BE=E ! ADV5T ( SOME 9EVITABLE CATA/ROPHE :OSE PRECISE CONT\RS WE CANNOT KN[4 

,MEAN:ILE1 ON ! /REETS & C\NCIL E/ATES1 ,BRITA9 IS UND]GO+ A SEA *ANGE1 A V]ITABLE EFFLORESC5CE ( RESI/ANCE4 ,IT'S V]Y H>D TO KN[ ! REAL SCALE ( IT BECAUSE1 UNLIKE 9 G5]ATIONS PA/1 ! M$IA L>GELY REFUSES TO REPORT ON IT4 ,P]HAPS ?IS IS BECAUSE :5 !Y DO1 ! RESULTS >E R>ELY :AT !Y EXPECT4 ,ON ,MAY #i1 #b#a#e1 ! DAY AFT] ! ,TORY ELECTION VICTORY WAS DECL>$1 BE=E ! 9EVITABLE NEW R\ND ( CUTS C\LD EV5 BE ANN\NC$1 !RE WAS A M9OR RIOT 9 FRONT ( ! PRIME M9I/]'S (FICES AT #a ,D[N+ ,/REET4 ,HUNDR$S ( /UD5T ACTIVI/S CLA%$ ) POLICE2 SEV]AL ( !M1 ON BE+ PUN*$ & KICK$ BY UNI=M$ (FIC]S1 ACTUALLY PUN*$ BACK2 PA9T BOMBS W]E ?R[N1 FL>ES SET (F1 & ! ,WOM5 ( ,WORLD ,W> ,I,I MEMORIAL WAS DAUB$ ) ! FAMILI> SLOGAN 0,FUCK ,TORY ,SCUM40 ,! $ITORS ( ! RI<T-W+ TABLOID ! ,DAILY ,MAIL DECID$ ?AT ! PUBLIC MOOD WAS SU* ?AT IT MI<T EV5 BE POSSIBLE TO ACTUALLY REPORT ?IS1 & RAN A HUGE SPREAD ) SPLA%Y PICTURES UND] ! HEADL9E 0,AN>*I/ ,MOB ,PLANN+ ,SUMM] ( ,?UGG]Y40 ,)9 TW5TY-F\R H\RS1 !Y W]E HORRIFI$ TO DISCOV] ?AT 9 ! COMM5TS SECTION1 OP9ION AMONG !IR [N READ]S WAS RUNN+ SOME?+ LIKE FIVE TO ONE 9 FAVOR ( AN>*I/ ?UGG]Y4 ,EV5 ! 0DESECRATION0 ( ! MEMORIAL DIDN'T RAISE MU* 9 ! WAY ( HACKLES4 ,AFT] ALL1 MO/ ,BRITONS >E WELL AW>E ?AT ! FIR/ ?+ VET]ANS DID1 ON RETURN+ FROM ! W>1 WAS \/ ,*UR*ILL'S SITT+ ,TORY GOV]NM5T & VOTE 9 ONE ?AT PROMIS$ TO PRESIDE OV] ! CREATION ( A MOD]N WELF>E /ATE4 ,?IS IS PRECISELY ! WORK ! CURR5T 9HABITANTS ( ,D[N+ ,/REET >E TRY+ TO DISMANTLE4 ,! RIOT]S W]E SIMPLY DEF5D+ ?OSE VET]ANS' LEGACY & 5UNCIAT+ :AT !Y1 IF ALIVE1 W\LD MO/ LIKELY BE SAY+ !MSELVES4 

,BETWE5 /UD5T OCCUPATIONS1 H\S+ OCCUPATIONS1 /REET ACTIONS1 & A REVIVAL ( RADICAL UNIONISM1 !RE HAS BE5 AN UNPREC$5T$ UPSWELL ( RESI/ANCE4 ,BUT EV5 MORE IMPORTANT1 IT HAS BEGUN1 H[EV] HALT+LY1 TO TAKE ON A V]Y DIFF]5T SPIRIT ?AN ! DESP]ATE1 RE>-GU>D ACTIONS ( YE>S PA/4 ,AFT] ALL1 EV5 ! LEG5D>Y POLL-TAX RIOTS ?AT DISLODG$ ,?AT*] W]E EI!R BACKW>D-LOOK+ OR1 ALT]NATELY1 BITT] & NIHILI/IC4 ,CLASS ,W>'S SLOGANS 70,! ,ROYAL ,QUE/ION3 ,HANG+ OR ,%OOT+807 W]E P]HAPS *>M+LY PROVOCATIVE1 BUT H>DLY UTOPIAN4 

,?IS IS :]E ! NOTION ( DESPAIR FATIGUE COMES 94 

,ONE MI<T >GUE ?AT ITS BEG9N+S W]E ALREADY VISIBLE 9 POPUL> CULTURE4 ,WITNESS ! EM]G5CE ( ! ,SCOTTI% SOCIALI/ S*OOL ( SCI5CE FICTION1 :I*1 AFT] ! REL5TLESS DY/OPIANISM ( ! SEV5TIES1 EI<TIES1 & N9ETIES1 L$ ! WAY TO A BROAD] TR5D BY TOY+ ) R$EMPTIVE FUTURES ONCE AGA94 ,!N !RE WAS ,/EAMPUNK1 SURELY ! MO/ PECULI> ( C\NT]CULTURAL TR5DS1 A K9D ( UNGA9LY ,VICTORIAN FUTURISM FULL ( /EAM-P[]$ COMPUT]S & AIR%IPS1 TOP-HATT$ CYBORGS1 FLOAT+ CITIES P[]$ BY ,TESLA COILS1 & AN 5DLESS V>IETY ( TE*NOLOGIES ?AT HAD NEV] ACTUALLY EM]G$4 ,I REMEMB] ATT5D+ SOME ACADEMIC CONF]5CE ON ! SUBJECT & ASK+ MYSELF1 0,OKAY1 ,I GET ! /EAM P>T1 ?AT'S OBVI\S1 BUT 444 :AT EXACTLY DOES ?IS HAVE TO DO ) PUNK80 ,& !N IT DAWN$ ON ME4 ,NO ,FUTURE6 ,! ,VICTORIAN ]A WAS ! LA/ TIME :5 MO/ PEOPLE 9 ?IS C\NTRY G5U9ELY BELIEV$ 9 A TE*NOLOGICALLY-DRIV5 FUTURE ?AT WAS GO+ TO LEAD TO A WORLD NOT ONLY MORE PROSP]\S & EQUAL1 BUT ACTUALLY MORE FUN & EXCIT+ ?AN !IR [N4 ,!N1 ( C\RSE1 CAME ! ,GREAT ,W>1 & WE DISCOV]$ :AT ! TW5TIE? C5TURY WAS REALLY GO+ TO BE LIKE1 ) ITS MONOTON\S ALT]NATION ( T]ROR & BOR$OM 9 ! TR5*ES4 ,WAS NOT ,/EAMPUNK A WAY ( SAY+1 CAN'T WE JU/ GO BACK1 WRITE (F ! 5TIRE LA/ C5TURY AS A BAD DREAM1 & />T OV]8 

,& IS ?IS NOT A NECESS>Y MOM5T ( RESET BE=E TRY+ TO IMAG9E :AT A G5U9ELY REVOLUTION>Y TW5TY-FIR/ C5TURY MI<T ACTUALLY BE LIKE8 

,ON TO ,CORB(UTURISM 

,! FIR/ /IRR+S CAME1 APPROPRIATELY 5\<1 FROM ,SCOTL&1 :]E 9 #bae ! ,SCOTTI% ,NATIONAL ,P>TY MADE A VIRTUALLY CLEAN SWEEP ( ,P>LIAM5T>Y SEATS1 RUNN+ AN EXPLICITLY SOCIALI/1 ANTI-AU/]ITY PLAT=M & TR\NC+ A TEPID ,LABOR ,P>TY UNWILL+ TO FUNDAM5TALLY *ALL5GE ! ,CONS]VATIVE AG5DA4 7,BASICALLY NO ONE 9 ,SCOTL& VOTES ,TORY47 ,BUT ! REAL E>?QUAKE CAME A FEW MON?S LAT]1 ) ! APP>5TLY 9EXPLICABLE RISE ( ,J]EMY ,CORBYN & HIS %AD[ *ANCELLOR ,JOHN ,MC,DONNELL TO ! HEAD ( ! ,LABOR ,P>TY 9 ,WE/M9/] ITSELF4 ,9 ! EYES ( ! M$IA1 :I*--EV5 O/5SIBLY LEFT V5UES LIKE ! ,GU>DIAN--IS ABSOLUTELY & UNCONDITIONALLY HO/ILE TO ! NEW ,LABOR TEAM1 !IR SUCCESS IS ITSELF A PRODUCT ( POLITICAL DESPAIR3 ?OSE :9+ OLD GEEZ]S 9 ! PUB HAVE GIV5 UP ON EV5 TRY+ TO W9 ELECTIONS & HAVE SPAT 9 ! FACE ( ! 5TIRE SY/EM BY ELECT+ ONE ( !IR [N4 ,& IT'S TRUE2 ! NEW ,LABOR LEAD]%IP IS MADE UP ( G5U9E RADICALS4 ,CORBYN & ,MC,DONNELL REPRES5T ! ACTIVI/ W+ ( ! ,LABOR ,P>TY--UNTIL REC5TLY1 A V]Y SMALL FACTION 9DE$1 CONSI/+ (1 AT BE/1 HALF A DOZ5 ,M,PS4 ,!Y HAVE BE5 REGUL> SUPPORT]S & EV5 P>TICIPANTS 9 ! POPUL> MOBILIZATIONS4 

,I AM NOT JU/ TALK+ AB\T SPEAK+ AT RALLIES H]E4 ,I CAN MYSELF TE/IFY TO ?IS4 ,:51 9 ! SUMM] ( #b#a#d1 ACTIVI/S FROM ,DISABL$ ,PEOPLE ,AGA9/ ,CUTS W]E *A9+ !MSELVES TO ! 0SANCTU>Y LAWN0 AT ,WE/M9/] ,ABBEY 9 A VA9 ATTEMPT TO FOCUS M$IA ATT5TION ON ! CLOSURE ( ! ,9DEP5D5T ,LIV+ ,FUND ?AT PROMIS$ TO LEAVE EV5 MORE PEOPLE ) DISABILITIES DEAD1 ,MC,DONNELL & ,I W]E P>T ( ! CREW C>RY+ SP>E BATT]IES = !IR :EEL*AIRS4 ,BO? HE & ,CORBYN OP5LY SUPPORT A PHILOSOPHY ?AT 9SI/S ?AT SOCIAL *ANGE CAN NEV] COME FROM ELECTORAL POLITICS ALONE1 BUT ONLY FROM A COMB9ATION ( POLITICAL MOBILIZATION1 UNION ORGANIZ+1 & AS ,MC,DONNELL ONCE *>M+LY PUT IT1 0:AT 9 ! OLD DAYS WE US$ TO CALL '9SURRECTION1' ?\< N[ADAYS WE POLITELY CALL IT 'DIRECT ACTION4'0 ,ONE CAN ONLY IMAG9E ! HORROR ?AT 5SU$ AMONG ! POLITICAL E/ABLI%M5T :5 SU* PEOPLE W]E SUDD5LY CATAPULT$ TO POSITIONS ( LEAD]%IP )9 ONE ( ! C\NTRY'S TWO MAJOR P>TIES4 ,FROM !IR PO9T ( VIEW1 IT'S NOT AS IF ,B]NIE ,S&]S HAD TAK5 OV] ! ,DEMOCRATIC ,P>TY4 ,IT'S MORE AS IF IT HAD BE5 ANNEX$ BY A COMB9ATION ( ,NOAM ,*OMSKY & ,ABBIE ,H(FMAN4 

,H[ DID IT HAPP58 ,9 ! IMM$IATE S5SE1 ,CORBYN'S RISE WAS PRECISELY A PRODUCT ( ! WEIRD CONCEPTUAL BUBBLE 9 :I* ! ,BRITI% POLITICAL CLASS OP]ATES4 ,! ,BLAIRITE HACKS :O DOM9ATE ! ,LABOR ,P>TY W]E KE5 TO BREAK ANY REMA9+ P[] ( ! UNIONS1 & W]E SO CONV9C$ ?AT !IR MANUFACTUR$ COMMON S5SE REALLY WAS COMMON TO EV]YONE ?AT !Y DECID$ ! BE/ WAY TO DO ?IS WAS TO *ANGE ! RULES & ALL[ ! P>TY LEAD] TO BE ELECT$ BY POPUL> VOTE4 ,IT NEV] SEEMS TO HAVE OCCURR$ TO !M ?AT A SIGNIFICANT P]C5TAGE ( MEMB]S ( A /ILL O/5SIBLY LEFTI/ POLITICAL P>TY MI<T ACTUALLY RESPOND POSITIVELY TO LEFTI/ VALUES4 ,9 ! WAKE ( ! ,TORY VICTORY1 ,MC,DONNELL1 AT LEA/ SO ! /ORY GOES1 CONV9C$ A SUFFICI5T NUMB] ( ,BLAIRITE ,M,PS TO SUPPORT A H>D-LEFT C&IDATE = HEAD ( ! P>TY TO 0BROAD5 ! DEBATE10 :I* WAS BALANC$ ON ! O!R SIDE BY !IR [N H>D-RI<T PRO-BUS9ESS C&IDATE1 ,LIZ ,K5DALL--A FAVORITE ( ,5GL&'S NOTORI\SLY CLUELESS PUNDITS4 ,!N ?OSE SAME DELEGATES />$1 SLACK-JAW$1 AS ,CORBYN HEAP$ 9 #e#i4#e P]C5T ( ! BALLOT 9 A FIELD ( F\R1 ! BIGGE/ L&SLIDE EV] WON BY ANY C&IDATE = ,LABOR LEAD]%IP4 7,K5DALL PULL$ 9 LA/ ) #d4#e P]C5T47 

,ON ONE LEVEL1 ! PUNDITS W]E PROBABLY RI<T3 ,CORBYNMANIA WAS JU/ A WAY ( GIV+ ! F+] TO ! E/ABLI%M5T4 ,! MAN'S APPEAL RE/S L>GELY ON A COMPLETE ABS5CE ( CONV5TIONAL *>ISMA4 ,HE HAS NO RHETORICAL FLAIR :ATSOEV]4 ,HE SIMPLY TELLS Y\ :AT HE ?9KS4 ,9 A POLITICAL FIELD SO CORRUPT ?AT IT (T5 SEEMS ! MORAL SPECTRUM = PUBLIC FIGURES RUNS R\<LY FROM CALCULAT+ CYNIC TO ACTUAL *ILD MOLE/]1 ! IDEA ?AT A G5U9ELY HONE/ MAN C\LD SUCCESSFULLY RUN = PUBLIC (FICE WAS A K9D ( REVELATION4 ,CORBYN IS ROOT$ 9 ! SOCIALI/ TRADITION1 BUT LACKS ANY SPECIFIC IDEOLOGY OR AG5DA4 ,TO VOTE = HIM WAS SIMPLY TO VOTE = A SET ( VALUES4 ,?OSE :O SUPPORT$ HIM KNEW ?AT IT WAS ONLY AFT] ! ELECTION ?AT ! REAL WORK W\LD BEG91 ( FIGUR+ \T H[ 7OR 9DE$1 :E!R7 IT WAS POSSIBLE = POLITICIANS & /REET ACTIVI/S TO SYN]GIZE !IR EF=TS )\T CO-OPT+ OR DE/ROY+ ONE ANO!R1 :AT SORT ( ECONOMIC MODEL ! LEFT CAN C\NT]POSE TO ! ,TORIES' M>KET+ ( CLASS SUBS]VI5CE1 & :AT A 0NEW POLITICS0 BAS$ ON POPUL> P>TICIPATION 9 DECISION-MAK+ MI<T ACTUALLY BE LIKE4 ,IT'S /ILL ALL V]Y MU* UP = GRABS1 & ! :OLE PROJECT MI<T WELL %IPWRECK T]RIBLY1 LEAV+ ! LEFT UTT]LY DEFEAT$ = MANY YE>S TO COME4 ,C]TA9LY1 ! 5TIRE M$IA & P>TY E/ABLI%M5T HAVE MADE IT CLE> ?AT !Y >E WILL+ TO DO ALMO/ ANY?+ TO REV]SE ! RESULTS ( ! LEAD]%IP ELECTION4 ,BUT ?REE ?+S GIVE REASON = HOPE4 

,FIR/1 IF A G5]AL REALIGNM5T ( ,BRITI% POLITICS REALLY W]E GO+ ON1 ?IS IS PROBABLY :AT IT W\LD LOOK LIKE4 ,! ROLE ( ! ,BANK ( ,5GL& IS CRUCIAL H]E4 ,IT HAS ALWAYS SE5 ITSELF AS SOME?+ ( A BELLWE!R4 ,9 ! MID- TO LATE SEV5TIES1 ! ,BANK ( ,5GL&'S SUDD5 & UNEXPECT$ EMBRACE ( MONET>I/ ECONOMIC MODELS PAV$ ! WAY = ! ,?AT*]ITE REVOLUTION TO FOLL[2 & ,?AT*]1 IT MU/ BE REMEMB]$1 WAS CONSID]$ AS MU* AN \TRAGE\S 9SURG5T )9 H] [N P>TY AT ! TIME AS ,CORBYN IS CONSID]$ N[4 ,SO IT'S POSSIBLE ?AT AN UNCANNY P>ALLEL IS WORK+ ITSELF \T4 

,SECOND1 ! NEW ,LABOR LEAD]%IP DOES HAVE A FAIRLY CLE> R\TE TO P[]4 ,! ,UNIT$ ,K+DOM'S CURR5T ECONOMY IS BAS$ ON AN >TIFICIALLY MA9TA9$ H\S+ BUBBLE1 & BUBBLES DO 9V>IABLY BUR/4 ,LABOR HAS F\R YE>S BE=E ! NEXT ELECTION4 ,! *ANCE ( !RE NOT BE+ SOME K9D ( ECONOMIC CRISIS 9 ?OSE F\R YE>S IS 9F9ITESIMAL4 ,= ! ,CORBYNITES1 ! TASK IS TW(OLD3 FIR/1 TO CREATE A N>RATIVE AB\T ! DANG]S ( PRIVATE DEBT 9 ! SAME WAY ! ,TORIES DID AB\T PUBLIC DEBT1 SO ?AT ! ,CONS]VATIVES WILL BE FIRMLY SADDL$ ) ! BLAME 7ALL ! EASI]1 P]HAPS--OR P]HAPS NOT--BECAUSE ?IS N>RATIVE WILL ACTUALLY BE TRUE72 & SECOND1 & MORE DIFFICULT1 TO REMA9 AS ! ,LABOR LEAD]%IP1 RESI/+ ANY 9T]NAL ,BLAIRITE C\P1 UNTIL ! 9EVITABLE CRA% TAKES PLACE4 

,F9ALLY1 ! V]Y FACT ?AT ,CORBYN IS SOME?+ ( A TABULA RASA HAS 9SPIR$ AN ONRU% ( CONTE/+ VISIONS1 AN EAG] CONCAT5ATION ( NEW ECONOMIC & POLITICAL MODELS VY+ = ATT5TION1 :I* HAS BEGUN TO REVEAL JU/ H[ RI* & DIV]SE POSSIBLE LEFT-W+ VISIONS ( ! FUTURE MI<T ACTUALLY BE4 ,IT'S NOT JU/ ! PR$ICTABLE >RIVAL ( ! ECONOMIC LUM9>IES TO HOLD C\RT ) ! NEW %AD[ *ANCELLOR--EV]YONE FROM ,JOSEPH ,/IGLITZ & ,ANN ,PETTI=1 TO ,YANIS ,V>\FAKIS & ,?OMAS ,PIKETTY4 ,G5U9ELY RADICAL IDEAS >E BE+ DEBAT$ & PROPOS$4 ,%\LD ! LEFT BE PURSU+ ACCEL]ATIONISM1 PU%+ ! CONTRADICTIONS ( CAPITALISM =W>D ) RAPID GR[? & DEVELOPM5T1 OR %\LD IT AIM T[>D A TOTAL %IFT ( VALUES & RADICAL DE-GR[?8 ,OR %\LD WE BE MOV+ T[>D :AT ,NOV>A1 ! M$IA 9ITIATIVE ?AT EM]G$ FROM ! #ba /UD5T MOVEM5T1 BEGAN *E]FULLY REF]R+ TO AS ,F,A,L,C--OR ,FULLY ,AUTOMAT$ ,LUXURY ,COMMUNISM--5C\RAG+ TE*NOLOGIES LIKE #c-,D PR9T+ TO AIM = A WORLD ( ,/> ,TREK-/YLE REPLICATORS :]E EV]Y?+ IS FREE8 ,%\LD ! C5TRAL BANK 5ACT 0QUANTITATIVE EAS+ = ! PEOPLE10 OR A UNIV]SAL CITIZ5'S 9COME POLICY1 OR %\LD WE GO ! WAY ( ,MOD]N ,MONEY ,!ORY & UNIV]SAL JOBS GU>ANTEES8 

,ALL ?IS IS BE+ C>RI$ ON 9 ! KN[L$GE ?AT EXI/+ ECONOMIC P>ADIGMS--EV5 9S(> AS !Y >E NOT SIMPLY BE+ MOBILIZ$ TO JU/IFY POLICIES DESIGN$ = PURELY POLITICAL PURPOSES-->E NO LONG] RELEVANT TO ! PROBLEMS HUMANITY IS ACTUALLY FAC+1 9 ,BRITA9 OR ANY:]E ELSE4 ,TRUE1 MO/ MA9/REAM ECONOMI/S >E CAPABLE ( SEE+ ?R\< OBVI\S NONS5SE1 LIKE ! JU/IFICATIONS PROPOS$ = FISCAL AU/]ITY4 ,BUT ! DISCIPL9E IS /ILL TRY+ TO SOLVE :AT IS ESS5TIALLY A N9ETE5?-C5TURY PROBLEM3 H[ TO ALLOCATE SC>CE RES\RCES 9 SU* A WAY AS TO OPTIMIZE PRODUCTIVITY TO MEET RIS+ CONSUM] DEM&4 

,TW5TY-FIR/ C5TURY PROBLEMS >E LIKELY TO BE 5TIRELY DIFF]5T3 ,H[1 9 A WORLD ( POT5TIALLY SKYROCKET+ PRODUCTIVITY & DECREAS+ DEM& = LABOR1 WILL IT BE POSSIBLE TO MA9TA9 EQUITABLE DI/RIBUTION )\T AT ! SAME TIME DE/ROY+ ! E>?8 ,MI<T ! ,UNIT$ ,K+DOM BECOME A PIONE] = SU* A NEW ECONOMIC DISP5SATION8 ,! NEW ,LABOR LEAD]%IP IS MAK+ ! 9ITIAL MOVES3 CALL+ = NEW ECONOMIC MODELS 70SOCIALISM ) AN I,PAD07 & SEEK+ POT5TIAL ALLIES 9 HI<-TE* 9DU/RY4 ,IF WE REALLY >E MOV+ T[>D A FUTURE ( DEC5TRALIZ$1 SMALL1 HI<-TE*1 ROBOTIZ$ PRODUCTION1 IT'S QUITE POSSIBLE ?AT ! ,UNIT$ ,K+DOM'S PECULI> TRADITIONS ( SMALL-SCALE 5T]PRISE & AMATEUR SCI5CE--:I* NEV] MADE IT P>TICUL>LY AM5ABLE TO ! GIANT BUREAUCRATIZ$ CONGLOM]ATES ?AT DID SO WELL 9 ! ,UNIT$ ,/ATES & ,G]MANY1 9 EI!R !IR CAPITALI/ OR SOCIALI/ MANIFE/ATIONS--MI<T PROVE UNUSUALLY APT4 ,IT'S ALL A COLOSSAL GAMBLE4 ,BUT !N1 ?AT'S :AT HI/ORICAL *ANGE IS LIKE4 

,FROM 3 ,!,AN>*I/,LIBR>Y4ORG4 

,*RONOLOGY 3 
,JANU>Y #f1 #bba 3 ,DESPAIR ,FATIGUE -- ,ADD$4 
,JANU>Y #d1 #bbb 3 ,DESPAIR ,FATIGUE -- ,UPDAT$4 

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