Depending on what you mean by 'economic progressivism' we may well have lost that too.

But here is a thing - social progressivism isn't particularly about cash. It's about having a vision for the future.

Economic progressivism has no vision at all. It's about the next quarter, or occasionally about the next year.

If you limit your politics to economics, you have a car with an overheated engine, no brakes, and no steering wheel.

Perhaps this isn't an entirely good thing.

I'd suggest that the tragedy of Thatcher, Sarkozy, Merkel, Cameron, Blair and the rest, isn't just that they're clearly lying little shits and unpleasant people.

It's that they have no vision beyond strictly limited self-interest. They have no ability to plan for a more creative and enjoyable future.

Getting rid of the banks isn't going to be nearly enough. We need to find people with passion, imagination and intellect and put them in charge of things - not just to make things happen, but to make it possible for better things to happen.

At a guess we're not going to find those people among the usual suspects.