Broken Middle Class, New Tory, Hague Positively Liberal, Trump-Putin

Van Gogh, The Pieta’ after Delacroix 1889 Delacroix Exhibition National Gallery

What I’m listening to. 

Portuguese Brass - "Adagio" from Easter Oratorio (J.S. BACH)

47% of Americans would need to borrow $400 in case of an emergency. That’s an emergency.

The Atlantic - The Secret Shame of Middle-Class Americans

Nearly half of Americans would have trouble finding $400 to pay for an emergency. I’m one of them.

Quote: “In the 1950s and ’60s, American economic growth democratized prosperity. In the 2010s, we have managed to democratize financial insecurity.”

 

Blair gave us New Labour, will Cameron post-June 23rd deliver New Tory?

The Times - The Tories need a new breed of modernisers

When the war ends on June 23, the party will require less divisive fresh faces to shape a One Nation, anti-elitist future.

William Hague embraces the state.

Telegraph - The Leave campaign is really the Donald Trump campaign with better hair

I spent Saturday evening in the Blue Note jazz club in New York, which tells you something about how deeply pleasant life can be when you have retired from government.

Quote ‘- “The only answer is to equip people to cope with the way the world is changing, rather than take refuge in telling them they can escape from it. Modern infrastructure, education that helps individuals to re-invent their careers several times, and the opportunity to save responsibly are all vital elements of persuading voters that their political systems can deliver.”

The new politics: globalization bad, me good.

Financial Times - Donald Trump, Vladimir Putin and the lure of the strongman

All vow to lead a national revival through force of personality and willingness to ignore niceties.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

Twin Virtues

Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.

The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.

When too few get too much everybody loses.

Feminism is about women living their lives on their own terms, marshalling the resources of the society to make that possible, and men embracing this as vital to a successful society and their own liberation.

Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society that are unintended but wonderful?

Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways that are good for society and the economy.

My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.

Free trade is a wonderful thing. Time and time again economists have proven that free trade creates enormous wealth for each country 'on the whole'. Historians have shown that free trade is usually associated with rising political, social and cultural liberty. The perennial problem is that free trade always creates tremendous disruption for thousands even millions of individuals often concentrated in one geography, and where the state is idle, not investing in best in class instruments of social justice, free trade can be a permanent ticket out of the middle class, down, not up.

Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.

Public policy should be designed to decrease inequality before the law and increase equality of opportunity.

Capitalism is not the problem; the problem is what we do with capitalism.

Content is always more difficult to argue than conspiracy.

Let the state regulate and the market operate (most things).

Welfare strategies are best designed as a hand up, not as a hand out.

Political debate should not be fact free fighting.

Explanation lasts longer than eloquence.

Always favour empowerment over dependency.

The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.

Find your voice and don't be the echo of somebody else.

It is possible to operate on two different levels: the practical, cautious and conservative; and the realm of ideas, open, free, and radical.