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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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The vision pursued by the founders of the EU was one of economic self interest, (subsidies, protection and investment) and lofty aspiration, (peace, prosperity and justice). It was predicated on a Europe without borders where mutual economic interests would lead to perpetual peace. A soft Kantian Marxism underpinned the European Union from the start, in which economic interests and a legal order would displace local institutions and national politics.
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Old Labour’s international solidarity did not require the abandonment of the national democratic inheritance. But today’s left-liberals simply do not understand the traditional commitment to earning and belonging. This puts them at odds with how people understand themselves. We are beings with a tendency to attachment; in order to be open to the environment our bodies must also be closed; and in physics, atoms have a tendency to cluster. And yet in politics an ultra-liberal ideal developed that belonging, attachment and sociability, reinforced by institutions, should be replaced by the almost unmediated movement of people through space.