Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

1. Gloomsters buried the euro too soon (Financial Times)

The end point looks likely to be tighter economic union that falls short of political federalism, writes Philip Stephens.

2. Accountancy's Big Four are laughing all the way to the tax office (Guardian)

Accountancy giants are paid huge sums by the state while helping firms strip it of desperately needed tax revenue, says Polly Toynbee.

3. For Cameron aid is not a badge. It’s a mission (Times) (£)

When the PM is compared to Harold Macmillan it’s usually derogatory, writes Philip Collins. But Africa shows them both at their best.

4. The EU has changed Britain – and mostly for the better (Independent)

Besides the money for infrastructure projects, EU membership has given Brits the chance to see how Europeans do things, and what we could do better, says Mary Dejevsky.

5. Time to protect the UK defence budget (Financial Times)

If necessary, aid spending must be used to shore up the MoD, argues an FT leader.

6. Cameron goes where Blair went before – but at what cost? (Independent)

The Prime Minister's decision to send troops to Mali is the product of an ill-defined nightmare of religious terrorism and "gesture" politics, writes Adrian Hamilton.

7. Our Armed Forces can’t survive on a diet of fudge, Mr Cameron (Daily Telegraph)

If the Prime Minister truly wants to confront the threat from Islamists in Africa, he must find the money to increase the defence budget, says Fraser Nelson.

8. Why can't we British make patriotic films like Spielberg's blockbuster? (Daily Mail)

The director's Lincoln is an unembarrassed hymn to the United States, writes Max Hastings.

9. Try to see economic opportunity in our current difficulties (Daily Telegraph)

Times are hard, but blood-curdling warnings about our financial predicament are wrong, argues Jeremy Warner.

10. We can count hard cash, but what is the value of beauty? (Guardian)

In planning, defenders of nature are 'nimbies', opponents 'vandals', writes Simon Jenkins. To end the shouting match we need a new language.

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No, David Cameron’s speech was not “left wing”

Come on, guys.

There is a strange journalistic phenomenon that occurs when a party leader makes a speech. It is a blend of groupthink, relief, utter certainty, and online backslapping. It happened particularly quickly after David Cameron’s speech to Tory party conference today. A few pundits decided that – because he mentioned, like, diversity and social mobility – this was a centre-left speech. A leftwing speech, even. Or at least a clear grab for the liberal centre ground. And so that’s what everyone now believes. The analysis is decided. The commentary is written. Thank God for that.

Really? It’s quite easy, even as one of those nasty, wicked Tories, to mention that you actually don’t much like racism, and point out that you’d quite like poor children to get jobs, without moving onto Labour's "territory". Which normal person is in favour of discriminating against someone on the basis of race, or blocking opportunity on the basis of class? Of course he’s against that. He’s a politician operating in a liberal democracy. And this isn’t Ukip conference.

Looking at the whole package, it was actually quite a rightwing speech. It was a paean to defence – championing drones, protecting Britain from the evils of the world, and getting all excited about “launching the biggest aircraft carriers in our history”.

It was a festival of flagwaving guff about the British “character”, a celebration of shoehorning our history chronologically onto the curriculum, looking towards a “Greater Britain”, asking for more “national pride”. There was even a Bake Off pun.

He also deployed the illiberal device of inculcating a divide-and-rule fear of the “shadow of extremism – hanging over every single one of us”, informing us that children in UK madrassas are having their “heads filled with poison and their hearts filled with hate”, and saying Britain shouldn’t be “overwhelmed” with refugees, before quickly changing the subject to ousting Assad. How unashamedly centrist, of you, Mr Prime Minister.

Benefit cuts and a reduction of tax credits will mean the Prime Minister’s enthusiasm for “equality of opportunity, as opposed to equality of outcome” will be just that – with the outcome pretty bleak for those who end up losing any opportunity that comes with state support. And his excitement about diversity in his cabinet rings a little hollow the day following a tubthumping anti-immigration speech from his Home Secretary.

If this year's Tory conference wins the party votes, it’ll be because of its conservative commitment – not lefty love bombing.

Anoosh Chakelian is deputy web editor at the New Statesman.