In this week's New Statesman: Islamophobia on trial

China's rise, America's fall | Hari Kunzru dances to Kraftwerk | US Writing Special

Breivik's paranoid fantasies

As the trial of the Norwegian mass murderer Anders Breivik begins, the New Statesman reflects on the wider ideology, and hatred of multiculturalism, that informed his actions. Read the New Statesman's leader, "The most shocking thing about Breivik is how many agree with his opinions", here.

Without the declaration that Breivik is too insane to stand trial, Daniel Trilling, the author of the forthcoming Bloody Nasty People: the Rise of Britain’s Far Right, writes that we’re forced to ask where such hate doctrine in Europe and the US originates from:

To think that every cultural conservative is a secret extremist or a Breivik-style killer-in-waiting would be [a] paranoid fantasy. But the point about far-right ideology is that it is parasitical on the mainstream. 

The fascism of the 1920s and 1930s succeeded because it played on wider fears, winning the support of those who would never have thought of themselves as “extremists”. The Nazis used anti-Semitism because it already existed in German society. Their successors today use Islamophobia because it already exists in our societies. From a tiny grain of truth – the threat of Islamist terror – has been spun a whole mythology about the imminent collapse of western civilisation and, whether they realise it or not, conservative ideologues are helping spread the poison that enables the far right to grow. 

Elsewhere in the magazine, Peter Wilby considers Islamophobia’s insidious printed form, referring to “studies [that] suggest more than two-thirds of British press stories about Muslims portray them as a threat to British values.”

China's rise, America's fall

The financial crisis has seen the global economy turned on its head. In back-to-back essays this week, the New Statesman charts the economic rise of China against the US’s concurrent decline. 

In “The beginning of a new world order”, the journalist and co-founder of the think tank Demos, Martin Jacques, demonstrates how, as we emerge from the wreckage of the global recession, China - rather than America - is set to dominate through both soft and hard power.

Alongside this, Edward Luce, the author of Time to Start Thinking: America and the Spectre of Decline, reveals, from his extraordinary access to Pentagon officials, that even they admit the era of US global dominance is over.

Hari Kunzru dances to Kraftwerk

On 15 April, the novelist Hari Kunzru joined 449 neophiliacs at the Museum of Modern Art in New York for one of an eight-night retrospective performance by Kraftwerk, “generally reckoned to be the most influential pop musicians of the past 30 years”. 

Kunzru reconsiders the German electronic outfit’s “rigorous aesthetic modernism” – “They seem to celebrate post-war Europe as perhaps the ultimate “nonplace”, banal but somehow perfected, and sing out its banality as a kind of transcendent pop joy” – and describes the joy instilled in him last Sunday by these four now middle-aged men:

We are experiencing the aural equivalent of Tatlin’s Monument to the Third International, a towering symbol of the New. And we are finding the New quite funky, thank you. The auditorium is soon filled with 450 very lucky New Yorkers succumbing to the sexual discipline of the disco, bodies jerking masochistically to relentless, synthetic, industrial beats.

In the Critics

The bulk of the Critics section this week is devoted to an American writing special. Mark Greif and Heidi Julavits, editors from two of the US’s leading literary periodicals, n+1 and the Believer, examine the recent flourishing of “little magazines” across the Atlantic. “The field of US small magazines has grown in the past few years,” Greif writes – especially magazines perched at the intersection of politics and culture. “The prospects for left-wing cultural life seem more generous in 2012. Maybe that’s because the ethos that you should make art and thought, not to feel like an artist, but because you have something to say, has found an opening in history again.” Julavits is slightly more pessimistic about the prospects for long-form literary and cultural journalism: “No matter how well (or not well) something might be written, the new challenge is this: how much time a reader will read any text before his or her brain flips to another text.”

Also in this US Writing Special, Sophie Elmhirst profiles Jonathan Safran Foer; the novelist and critic Ben Marcus asks why American writers today are obsessed with apocalypse; Jonathan Derbyshire talks to Shalom Auslander about his novel Hope: A Tragedy, in which the protagonist discovers an elderly Anne Frank living in his attic in upstate New York; Olivia Laing reviews The Lifespan of a Fact by John D’Agata and Jim Fingal, a contribution to the debate raging in the US now about “how fictional non-fiction is allowed to be” and Jonathan Derbyshire revisits Michael Harrington’s book The Other America: Poverty in the United States on the 50th anniversary of its publication. 

Elsewhere in the New Statesman

All this plus Denis MacShane on the implications for the democratic left if François Hollande is victorious in the French presidential election, Nicholas Wapshott argues that it’s not yet time to write off Mitt Romney, and Mehrezia Labidi, a speaker in Tunisia’s parliament, tells Mehdi Hasan how Islam, feminism and democracy are compatible.


Alice Gribbin is a Teaching-Writing Fellow at the Iowa Writers' Workshop. She was formerly the editorial assistant at the New Statesman.

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Stability is essential to solve the pension problem

The new chancellor must ensure we have a period of stability for pension policymaking in order for everyone to acclimatise to a new era of personal responsibility in retirement, says 

There was a time when retirement seemed to take care of itself. It was normal to work, retire and then receive the state pension plus a company final salary pension, often a fairly generous figure, which also paid out to a spouse or partner on death.

That normality simply doesn’t exist for most people in 2016. There is much less certainty on what retirement looks like. The genesis of these experiences also starts much earlier. As final salary schemes fall out of favour, the UK is reaching a tipping point where savings in ‘defined contribution’ pension schemes become the most prevalent form of traditional retirement saving.

Saving for a ‘pension’ can mean a multitude of different things and the way your savings are organised can make a big difference to whether or not you are able to do what you planned in your later life – and also how your money is treated once you die.

George Osborne established a place for himself in the canon of personal savings policy through the introduction of ‘freedom and choice’ in pensions in 2015. This changed the rules dramatically, and gave pension income a level of public interest it had never seen before. Effectively the policymakers changed the rules, left the ring and took the ropes with them as we entered a new era of personal responsibility in retirement.

But what difference has that made? Have people changed their plans as a result, and what does 'normal' for retirement income look like now?

Old Mutual Wealth has just released. with YouGov, its third detailed survey of how people in the UK are planning their income needs in retirement. What is becoming clear is that 'normal' looks nothing like it did before. People have adjusted and are operating according to a new normal.

In the new normal, people are reliant on multiple sources of income in retirement, including actively using their home, as more people anticipate downsizing to provide some income. 24 per cent of future retirees have said they would consider releasing value from their home in one way or another.

In the new normal, working beyond your state pension age is no longer seen as drudgery. With increasing longevity, the appeal of keeping busy with work has grown. Almost one-third of future retirees are expecting work to provide some of their income in retirement, with just under half suggesting one of the reasons for doing so would be to maintain social interaction.

The new normal means less binary decision-making. Each choice an individual makes along the way becomes critical, and the answers themselves are less obvious. How do you best invest your savings? Where is the best place for a rainy day fund? How do you want to take income in the future and what happens to your assets when you die?

 An abundance of choices to provide answers to the above questions is good, but too much choice can paralyse decision-making. The new normal requires a plan earlier in life.

All the while, policymakers have continued to give people plenty of things to think about. In the past 12 months alone, the previous chancellor deliberated over whether – and how – to cut pension tax relief for higher earners. The ‘pensions-ISA’ system was mooted as the culmination of a project to hand savers complete control over their retirement savings, while also providing a welcome boost to Treasury coffers in the short term.

During her time as pensions minister, Baroness Altmann voiced her support for the current system of taxing pension income, rather than contributions, indicating a split between the DWP and HM Treasury on the matter. Baroness Altmann’s replacement at the DWP is Richard Harrington. It remains to be seen how much influence he will have and on what side of the camp he sits regarding taxing pensions.

Meanwhile, Philip Hammond has entered the Treasury while our new Prime Minister calls for greater unity. Following a tumultuous time for pensions, a change in tone towards greater unity and cross-department collaboration would be very welcome.

In order for everyone to acclimatise properly to the new normal, the new chancellor should commit to a return to a longer-term, strategic approach to pensions policymaking, enabling all parties, from regulators and providers to customers, to make decisions with confidence that the landscape will not continue to shift as fundamentally as it has in recent times.

Steven Levin is CEO of investment platforms at Old Mutual Wealth.

To view all of Old Mutual Wealth’s retirement reports, visit: products-and-investments/ pensions/pensions2015/