Wednesday, January 02, 2008
The stake holding society
I finally finished reading "the stake holding society" by Will Hutton. This was a collection of his essays, that were published up to the first year that the nasty new labour people came to power. Will Hutton is a famous journalist and the essays cover a lot of ground. Hutton is part of the new left in that he believe in higher taxation and wealth redistribution that were concepts that disappeared when the labour and conservative parties became just two different factions of the global tory party. It was slightly depressing to read about the early years of Blair's rule, because everyone was still optimistic about the future. Hutton is pretty smart, but sometimes I wondered whether a royal divorce could be linked to the economic problems in the UK.