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This is a fast-evolving global economy with the makings of a truly global society, but you've got financial instability. You've got climate change and energy shortages. You've got massive poverty and inequality and you've got security issues that arise partly because there's so much more mobility around the world. And these are the problems of global change that only a progressive agenda can address.This is blunt, pointed, and an utterly amazing comment to be uttered by a head of state. I can't see any of the leaders in my own country standing up and so decisively standing up for liberalism. This is a statement that is Rooseveltian.
I mean, laissez-faire has had its day. People on the centre-left and the progressive agenda should be confident enough to say that the old idea that markets were by definition efficient and could work things out themselves is gone. That doesn't mean to say that what government does is always right. What it means is that both government and markets have got to be underpinned by values.
Source - MyDD
