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128 MIN READ TIME

True blues

Since the 2008 financial crash much ink has been spilled on the demise of the centre-left across Europe. Here in Britain it hastened the demise of New Labour, while in Germany it turned the SPD into a perennial junior coalition partner. They were the lucky ones. The once-dominant Pasok has been wiped out in Greece, the Socialist Party of François Mitterrand sunk to fifth at the presidential elections last year, while the Labour Party in the Netherlands slumped from coalition government to an embarrassing seventh.

The avowedly progressive side of the ideological spectrum is, perhaps ironically, always the more given to gloomy introspection. But this time its anguish appeared to be justified. For the best part of a decade after a crisis that exposed much that was rotten in the old order, events appeared to be playing out against those forces that wanted to reform it. That pattern may have seemed surprising to some, but perhaps not to students of Britain’s political history in the 1920s, 1930s or indeed 1980s. Hard times once again appeared to be shoring up the establishment.

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