The roots of the recent financial crisis can be found in the substantial changes which have affected British economy and society over the last three decades. In economic terms, the UK has transformed from a predominantly industrial to one led by services and creative industries, whilst society has also became less industrial with new class 'networks' emerging. Post-war Social Democracy in its original form - as advocated by Tony Crosland - relied heavily on an industrial economy and society. A central statist, ideal-oriented version of Social Democracy can only go so far in the post-crash...

The roots of the recent financial crisis can be found in the substantial changes which have affected British economy and society over the last three decades. In economic terms, the UK has transformed from a predominantly industrial to one led by services and creative industries, whilst society has also became less industrial with new class 'networks' emerging. Post-war Social Democracy in its original form - as advocated by Tony Crosland - relied heavily on an industrial economy and society. A central statist, ideal-oriented version of Social Democracy can only go so far in the post-crash...