Culture Vulture: reviews round-up

The critics' verdict on Naomi Alderman, Mick Jackson and Bert Trautmann.

The Lessons by Naomi Alderman

For Alice Fisher in the Guardian, the second novel from Naomi Alderman is "sturdily plotted and hooks you in: it's a good read if not unique". Its plot is reminiscent of Brideshead Revisited, The Line of Beauty or The Secret History, while "if you've read all three you'll find it impossible to read The Lessons without attributing each story development to one of these predecessors". However, "Alderman evokes the shock of the fresh start at university well", and "she's particularly good at describing the arcana and intensity of Oxford life." Amanda Craig in the Independent argues that "Nothing could be more different, superficially, from Alderman's prize-winning debut, Disobedience", and warns that "at times the novel becomes brittle to the point of self-parody, and The Lessons will certainly annoy many who are automatically hostile to Oxbridge and elitism". However, "Alderman's sharpness of observation punctures the parties, sex, drugs, eccentrics and conversation while never quite descending into satire", and she concludes that "this is a second novel from a young writer of huge talent, ambition and energy and, despite falling into an over-familiar genre, it is a pleasure to read." Damian Barr in the Independent on Sunday looks beyond Waugh's influence: "Alderman's book goes far beyond the Brideshead she carefully evokes. For a start, her Mark is ferally and unashamedly gay - lustily cruising fellow students and fusty academics", and "Whereas Brideshead is basically the story of Charles and Sebastian, The Lessons deals with the complex web of relationships spun between all the people under Mark's influence." But "Oxford is the biggest character in The Lessons, and the city, so inextricably bound with the university, is the harshest teacher."

The Lessons will be reviewed in the next issue of the New Statesman.

 

The Widow's Tale by Mick Jackson

Mick Jackson's third novel is "is tightly packed with explosive emotion", writes Hilary Mantel in theGuardian; however, she finds the central character to be "a stereotype", which is unfortunate because "the book's success as a novel stands or falls by whether the widow convinces us, whether we are motivated to stick close and see her through ... All her opinions are weekend-supplement truisms, and her voice itself is uneven". Mantel's concludes that "Jackson has thought deeply about bereavement, and it seems shabby to dispraise a book so acutely observed", but "you need to pay your dues to fiction's form as well as its content." Of the eponymous widow Lucy Daniel in the Telegraph writes that "her droll monologue plays over a background of muddled grief", though "after a while the book seems to consist of nothing but asides." She feels ultimately that "in keeping with our widow's interest in the ascetic life, the book itself has an ascetic discipline." For Helen Rumbelow in the Times, The Widow's Tale is "spare, short, utterly contemporary", and "very funny". Like the other reviews, Adrian Turpin's recognises that the story is a "pilgrimage", though for him it is a "a writer's commonplace book moonlighting as a novel. For all its aphoristic tartness - which is reminiscent in places of Simon Gray's diaries - it never entirely convinces as fiction."

 

Trautmann's Journey by Catrine Clay

Simon Hattenstone in the Observer asks: "why did Trautmann agree to collaborate with this book? To ease his conscience, get the truth out there, or did he simply feel he had nothing to hide?" Catrine Clay's account of the Manchester City goalkeeper with Nazi origins is "a fascinating if dispiriting read", Hattenstone decides, summing it up thus: "Clay's book is not a conventional biography and it's certainly not a sport book. Rather than using the times to tell the story of Trautmann, she uses Trautmann to tell the story of Nazi Germany. In a way, he becomes an everyman, soaked in the blood and horror of the Holocaust." Miranda Seymour in the Telegraph writes that "much of the poignancy of Trautmann's story derives from the skill with which Clay develops our sense of the discrepancy between his experiences and what was actually going on", and, more sympathetically: "Trautmann's participation in Clay's book fits with his admirable commitment to the promotion, through sport, of Anglo-German relations". She sums it up by saying: "a thoughtful biographer has given depth and substance to the plainly told story of an uncommon life." Roger Moorhouse in the Independent writes that "Trautmann's Journey is a remarkable story, well told", and is keen to stress that "Though it is not short of affection for its subject, this is no hagiography. Trautmann emerges as an often equivocal character; a sport-obsessed curmudgeon with a quick temper and an apparent inability to accept authority."

 

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The Autumn Statement proved it – we need a real alternative to austerity, now

Theresa May’s Tories have missed their chance to rescue the British economy.

After six wasted years of failed Conservative austerity measures, Philip Hammond had the opportunity last month in the Autumn Statement to change course and put in place the economic policies that would deliver greater prosperity, and make sure it was fairly shared.

Instead, he chose to continue with cuts to public services and in-work benefits while failing to deliver the scale of investment needed to secure future prosperity. The sense of betrayal is palpable.

The headline figures are grim. An analysis by the Institute for Fiscal Studies shows that real wages will not recover their 2008 levels even after 2020. The Tories are overseeing a lost decade in earnings that is, in the words Paul Johnson, the director of the IFS, “dreadful” and unprecedented in modern British history.

Meanwhile, the Treasury’s own analysis shows the cuts falling hardest on the poorest 30 per cent of the population. The Office for Budget Responsibility has reported that it expects a £122bn worsening in the public finances over the next five years. Of this, less than half – £59bn – is due to the Tories’ shambolic handling of Brexit. Most of the rest is thanks to their mishandling of the domestic economy.

 

Time to invest

The Tories may think that those people who are “just about managing” are an electoral demographic, but for Labour they are our friends, neighbours and the people we represent. People in all walks of life needed something better from this government, but the Autumn Statement was a betrayal of the hopes that they tried to raise beforehand.

Because the Tories cut when they should have invested, we now have a fundamentally weak economy that is unprepared for the challenges of Brexit. Low investment has meant that instead of installing new machinery, or building the new infrastructure that would support productive high-wage jobs, we have an economy that is more and more dependent on low-productivity, low-paid work. Every hour worked in the US, Germany or France produces on average a third more than an hour of work here.

Labour has different priorities. We will deliver the necessary investment in infrastructure and research funding, and back it up with an industrial strategy that can sustain well-paid, secure jobs in the industries of the future such as renewables. We will fight for Britain’s continued tariff-free access to the single market. We will reverse the tax giveaways to the mega-rich and the giant companies, instead using the money to make sure the NHS and our education system are properly funded. In 2020 we will introduce a real living wage, expected to be £10 an hour, to make sure every job pays a wage you can actually live on. And we will rebuild and transform our economy so no one and no community is left behind.

 

May’s missing alternative

This week, the Bank of England governor, Mark Carney, gave an important speech in which he hit the proverbial nail on the head. He was completely right to point out that societies need to redistribute the gains from trade and technology, and to educate and empower their citizens. We are going through a lost decade of earnings growth, as Carney highlights, and the crisis of productivity will not be solved without major government investment, backed up by an industrial strategy that can deliver growth.

Labour in government is committed to tackling the challenges of rising inequality, low wage growth, and driving up Britain’s productivity growth. But it is becoming clearer each day since Theresa May became Prime Minister that she, like her predecessor, has no credible solutions to the challenges our economy faces.

 

Crisis in Italy

The Italian people have decisively rejected the changes to their constitution proposed by Prime Minister Matteo Renzi, with nearly 60 per cent voting No. The Italian economy has not grown for close to two decades. A succession of governments has attempted to introduce free-market policies, including slashing pensions and undermining rights at work, but these have had little impact.

Renzi wanted extra powers to push through more free-market reforms, but he has now resigned after encountering opposition from across the Italian political spectrum. The absence of growth has left Italian banks with €360bn of loans that are not being repaid. Usually, these debts would be written off, but Italian banks lack the reserves to be able to absorb the losses. They need outside assistance to survive.

 

Bail in or bail out

The oldest bank in the world, Monte dei Paschi di Siena, needs €5bn before the end of the year if it is to avoid collapse. Renzi had arranged a financing deal but this is now under threat. Under new EU rules, governments are not allowed to bail out banks, like in the 2008 crisis. This is intended to protect taxpayers. Instead, bank investors are supposed to take a loss through a “bail-in”.

Unusually, however, Italian bank investors are not only big financial institutions such as insurance companies, but ordinary households. One-third of all Italian bank bonds are held by households, so a bail-in would hit them hard. And should Italy’s banks fail, the danger is that investors will pull money out of banks across Europe, causing further failures. British banks have been reducing their investments in Italy, but concerned UK regulators have asked recently for details of their exposure.

John McDonnell is the shadow chancellor


John McDonnell is Labour MP for Hayes and Harlington and has been shadow chancellor since September 2015. 

This article first appeared in the 08 December 2016 issue of the New Statesman, Brexit to Trump