What's driven the de-industrial revolution? In significant part, it's a tale about where Britain is going, one that's been told by Conservative and Labour alike over the past 30 years. It's a simple message that comes in three parts. One, the old days of heavy industry are gone for good. The future lies in working with our brains, not our hands. Two, the job of government in economic policy is simply to get out of the way. Oh, and finally, we need to fling open our markets to trade with other countries because, despite the evidence of countless Wimbledons and World Cups, the Westminster elite […]
Estimated reading time: 12 min
The odd thing is that all this techno-utopianism came from men who would struggle to order a book off Amazon. Alistair Campbell tells a story about how Blair got his first-ever mobile phone after stepping down as prime minister in 2007. His first text to Campbell read: "This is amazing, you can send words on a phone."
Estimated reading time: 12 min
So it is that you get a giant shopping centre such as Liverpool One describing itself as the largest urban regeneration project in Europe without any apparent irony. Or you hear American economists arguing that free trade may have reduced salaries for blue collar workers in the west, but they can now buy cheaper Chinese imports. In other words, you may have lost your factory workshop – but at least you've got a pound shop.
Estimated reading time: 12 min