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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
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?
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
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
No stardust left to sprinkle
With falling tax revenues and soaring public spending, the outlook for this year’s Budget is bleak
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
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
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
Loosening Labour’s golden straitjacket
Economic crisis presents opportunities as well as stark threats for social democracy, writes the Oxford academic Vernon Bogdanor
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
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
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.
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
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
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
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...
Getting and spending
The Ascent of Money: a Financial History of the World Niall Ferguson Allen Lane, 397pp, £25
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
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
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









