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The Guardian view on Starmer’s choices: time to be bold | Editorial
Navigating a ‘new era’, the government must shed some of its old assumptions and begin to hug Europe closeIn his speech to the Labour party conference in 2005, Tony Blair used a seasonal analogy to make the case for embracing disruptive but inevitable change. “I hear people say we have to stop and debate globalisation,” Mr Blair told delegates. “You might as well debate whether autumn should follow summer.”Twenty years on, to quote the billionaire US hedge fund manager Bill Ackman, it is the threat of a self-inflicted “economic nuclear winter” that haunts the global economy. Donald Trump’s imposition of swingeing US tariffs has unleashed mayhem on stock markets across the world, upending assumptions governing the world trade order since Bretton Woods. As Darren Jones, the chief secretary to the Treasury, said at the weekend: “Globalisation as we’ve known it for the last couple of decades has come to an end.”Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
Navigating a ‘new era’, the government must shed some of its old assumptions and begin to hug Europe close
In his speech to the Labour party conference in 2005, Tony Blair used a seasonal analogy to make the case for embracing disruptive but inevitable change. “I hear people say we have to stop and debate globalisation,” Mr Blair told delegates. “You might as well debate whether autumn should follow summer.”
Twenty years on, to quote the billionaire US hedge fund manager Bill Ackman, it is the threat of a self-inflicted “economic nuclear winter” that haunts the global economy. Donald Trump’s imposition of swingeing US tariffs has unleashed mayhem on stock markets across the world, upending assumptions governing the world trade order since Bretton Woods. As Darren Jones, the chief secretary to the Treasury, said at the weekend: “Globalisation as we’ve known it for the last couple of decades has come to an end.”
Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
