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" "Capital has just become completely disconnected from the people. Labour was born in the world to resist the domination of capital. That’s our thing. So we say that five percent of the bailout should be used to recapitalise local banks. It’s our money anyway. Those local banks should only lend in the area that they’re in. Germany’s a very successful, a very, very successful example of how this can work.
Maurice Glasman, Baron Glasman (born 8 March 1961) is an English political theorist, academic, social commentator, and Labour life peer in the House of Lords. He is a senior lecturer in Political Theory at London Metropolitan University and Director of its Faith and Citizenship Programme. He is best known as a founder of Blue Labour, a term he coined in 2009.
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What did I think about Brown? I’ve said before, I don’t like his kind of politics. I didn’t really meet him properly but I identify him with state, state-ism, with simultaneously high morals and low cynicism. I never identified with that kind of politics. The last gasps of this idea that through the state you can transform society but how that then automatically leads to a dependence on finance to fund it. I don’t think Gordon Brown redistributed power to people.
I would argue for the establishment of unitary city parliaments in all our major cities. The entire population of Scotland could fit into North London and all of Wales into South London with something to spare and yet we fret over our national settlement. Of far more importance is the establishment and linking of institutional power for capital and citizens in a renewed framework of democratic cities and counties. That is one meaning of the Labour Commonwealth.
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One massive issue is that [in government] we did not promote regional flourishing. To put it bluntly there was not enough private sector growth in the north east, the north west, the midlands and south west, and the south east was financially driven which had its own problems. I share your disposition about capitalism, but I look at Tesco and think, it’s cheap, healthy food, and it has transformed the lives of the poor. Yet we hate them. When London Citizens did a living wage campaign against Tesco what we found was enormous middle class loathing while the working class had a love for Tesco. They love the fact that the food was fresh and cheap and the environment was safe. And when they bought a small package of mince they didn’t have a butcher going, ‘Ah, tough week, eh?’ They didn’t feel humiliated. That’s just a tough example I put out there to say we’ve got to build alliances and relationships with the powers. We’ve got to look at how we can get Tesco to foster regional diversity.