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Thinking the crisis

The national interest

With France’s dirigiste economic approach being hailed as a model for the world, state intervention is fashionable once more

How to mend a broken Britain

How to mend a broken Britain

Neither of the major parties has a credible plan for limiting the damage caused by borrow-spend-and-tax economics. So what is to be done?

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The strangest bank of all

Barclays first defied the Treasury by refusing to take its money. Now it won’t join the Chancellor’s insurance plan. But why not?

Why we must keep on spending

Why we must keep on spending

The government must resist the pressure to cut borrowing. What is needed at the Budget is another bold fiscal stimulus package. Without it, we could soon have four million unemployed

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No stardust left to sprinkle

With falling tax revenues and soaring public spending, the outlook for this year’s Budget is bleak

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The hunger for renewal

The hunger for renewal

The Labour Party that capitulated so completely to neoliberalism is exhausted. If it is to be reinvigorated, it will have to embrace bold ideas

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No-one rules the world

US economic power is crumbling, but China is not yet ready to take over the reins. Martin Jacques reflects on the potential impact of the G20 ahead of world leaders arriving in London. Part of the NS's unrivalled coverage of the global crisis

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Thinking the crisis

Thinking the crisis

­The G20 is in danger of becoming wrapped up in a futile argument between fiscal stimulators and re-regulationists. Like a fight between a shark and a lion, it is a conflict without any logical outcome and a terrible slump looms

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Loosening Labour’s golden straitjacket

Loosening Labour’s golden straitjacket

Economic crisis presents opportunities as well as stark threats for social democracy, writes the Oxford academic Vernon Bogdanor

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No fault, no debate

No fault, no debate

The longer the Prime Minister remains silent about the mistakes of the past, the less convincing he is as a leader for the present, let alone the future

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More in Thinking the crisis

No turning back

The magnitude of the global economic crisis means that we have to change completely the way we live. To do that, we need a new kind of politics – and something bigger and broader than the Labour Party, argue Neal Lawson and John Harris in this New Statesman essay

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After the big squeeze

This is not the New Depression, but we are on the way to discovering how the New Capitalism will operate argues economist Irwin Stelzer. And in an online exclusive, Vince Cable calls for bonuses to be linked to long-term performance.

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The New Depression

The business and political elite are flying blind. This is the mother of all economic crises. It has barely started and remains completely out of control. By Martin Jacques, who this week joins the New Statesman as a columnist. Plus don't miss our Q&A

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All of us live by the logic of finance

Margaret Thatcher promised wealth for all in her new society. First, though, we all had to become capitalists. Peter Wilby on our long road to ruin

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An inevitable crisis

Viewed from a distance, the events of 2008 will be seen as a particularly dramatic example of the age-old cycle of famine and feast. James Buchan reflects on a financial crisis of unprecedented size and complexity

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The triumph of greed

Tax evasion, tax avoidance, money laundering: institutionalised crime is so much part of the global economy. Then there is moral crime...

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Getting and spending

The Ascent of Money: a Financial History of the World Niall Ferguson Allen Lane, 397pp, £25

1 comment

The fire next time

Every attempt to make banks more responsible has made them more reckless. Unless the sector is radically reformed, future meltdowns will make the current crisis look routine

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A last chance

Leaders meet in Washington on 15 November for a summit to attempt to resuscitate a world finance system currently on life support. Paul Mason looks at what went wrong

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The great crash of 2008

The world's financial institutions are gripped by fear, yet policymakers can do nothing. They are ignorant of how banks now work and have to take poacher-turned-gamekeeper Henry Paulson at his word

42 comments

David Blanchflower

Cameron flip flops

Flipping Tory policies prove a flop

Interview

Clive James

The NS interview: Clive James

Political speeches

Our top ten

Great political speeches

Film review

Invictus

Invictus (12A)

Andrew Stephen

The real Salinger

The real reason Salinger sought  escape

Mark Watson

Preparing for fatherhood

Immaculate conception

John Gray

A cure for genocide?

Worse Than War: Genocide, Eliminationism and the Ongoing Assault on Humanity

Simon says relax

Charity singles

Simon says relax

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