Never let it be said that the Oxbridgers, at the Economist, ever let their elite educations go the waste. As in the title of this essay, a literary reference for only the most sophisticated reader to decipher.
While I though Mr.Jeremy Warner’s essay at The Telegraph titled ‘Jeremy Corbyn’s plan to turn Britain into Zimbabwe ‘People’s QE’ has been embraced by the Labour leadership contender, but it would lead us to calamity’ was a kind of politically desperate hyperbole:
I come to The Economist, as regular reader, to find the same brand of hyperbole in more temperate, muted language, but none the less in thrall to Neo-Liberal apologetics, that has afflicted the financial press since the Depression of 2008. While ignoring the Keynesianism adopted to staunch the economic hemorrhaging.
Nor do we read from this collection of Cotton Mathers anything but the ‘spectral evidence’ that New Labour’s collection of Imaginary Centrist supply:Blair and the rest. Call it the looming disaster of Corbyn!
What could have possibly led to the rise of Corbyn, Podemos,Syriza,Sen. Sanders or even The Tea Party,Mr. Farage,Ms.Marine Le Pen etc? That is the unexplored question of this protracted exercise in Corbyn Hysterics: avoid at all costs a discussion of the dismal failure of the Neo-Liberal idea and practice, the collapse of Free Market Utopianism brought forth inconvenient political monsters, to paraphrase Goya.