socialism with an iPad

Modernising markets

First published on the Huffington Post

Labour is in need of a new political economy. Not socialism with an iPad or a Little Red Book, but a radical, transformational and credible view of markets, wages and the wider economic framework. This has got to be the work of everyone who wants a Labour government again. More than that, at a time like this, getting to grips with the big questions surrounding jobs, business and innovation becomes nothing less than an existential question. Can we in Labour rise to this challenge?

For this reason, December’s Progress magazine – which I edit – is dedicated to the issue of ‘responsible capitalism’ and how we grapple with the politics and policy challenges it throws up. (more…)