What I find particularly difficult to digest is that the period of the most egregious depredations by the bankers and their light touch regulation cronies has coincided with a period of increased political ascendency for their ilk, and the almost complete collapse of a coherent alternative - be it PES of Green.  Now that Zapatero, too, has capitulated, who in Government is even trying to articulate an alternative paradigm? Marketista ideology rules the roost no matter the party leanings of the leadership in question.  We need a Marx, Keynes, or a Krugman to articulate an alternative paradigm for Europe and a political movement to make it happen.

Index of Frank's Diaries