A Creditable Left
When the financial system collapsed in 2008 I thought our moment had come. The streets would fill with protesters against the Capitalist Beast; governments would move to the left in response; people would rethink how they wanted to live. Yet while there have been some big protests in Wisconsin, and abroad in Spain and Greece, many more voters have instead moved to the right; the financial ancien régime has been restored. In a way this isn?t surprising. When things go wrong, people both want change and cling for comfort to the familiar. But the left hasn?t succeeded, either in America or across Europe, in making itself a creditable voice for reform.