Article 3YWKB The Great Crash changed politics more than it reformed finance | Andrew Rawnsley

The Great Crash changed politics more than it reformed finance | Andrew Rawnsley

by
Andrew Rawnsley
from on (#3YWKB)
The big winners of post-crisis politics have been the insurgent populists who have fed on and amplified the injustice felt by many voters

God moves in mysterious ways. The Archbishop of Canterbury is of mortal flesh. Justin Welby's hellfire sermon about the "evils" of capitalism, which won him repeated ovations from his congregation of trade unionists, was a speech very much of its time. In both its content and its contradictions, the Church of England's senior prelate was channelling not so much the infinite divine as a highly contemporary and earthly mood about what has happened over the past decade.

The Great Crash exposed things that were very wrong with the way the economy is organised and those ills - sins, to an archbishop - have still not been fixed. This argument is now so pervasive that you sometimes even hear it from senior Conservatives.

Related: Ten years after the crash: have the lessons of Lehman been learned? | Yanis Varoufakis and others

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