Selected writings from one of the most important commentators of
our generation covering the wreckage of Labour s 10 year love
affair with the Right
BY THE SUMMER of 2007, Britain was close to crashing. A few
onlookers realised the danger, but Britain's political leaders were
not among them. Politicians and civil servants boasted that the
City's economy was booming because of their 'light-touch
regulation' of workers in financial services whose number included
potential frauds. Curiously, they never argued that the inner-city
economy might boom if there was 'light touch regulation' of workers
in the ghettos whose number included potential drug dealers.And
artists produced works to match the times. On the same day that
Lehman Brothers went bankrupt, the genial Damien Hirst auctioned at
Sotheby's pieces he admitted had been mass produced in his studios
and buyers still gave him 100 million. Even the critics did not
pretend to be interested in what message, if any, Hirst had for his
audience, but reported the sale like business reporters covering a
soaring stock.For 10 years New Labour stood cross-eyed in
admiration as London was turned into the centre of the financial
universe. From the sand bags Nick Cohen has watched as they turned
their back on the working class, once the object of Utopian hopes
on the Left and unreasonable fears on the Right, and lovingly
embraced the upper class, once the object of surly contempt on the
Left. In Waiting for the Etonians are gathered his selected
writings that cover the span of Labour's love affair with the Right
and the moral hazard that it has culminated in. It is a romance
which has not only broken its traditional bond with the working
classes and undermined the very values on which the party was
founded, but has now left it with little more to do than warm the
seat for the next Conservative Prime Minister."
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