The Economist redux

Tony Curzon Price · 2007-02-05 · ← All articles

During the 1980s, I read the Economist from cover to cover, week to week; during the 1990s I read it from the back, stopping with "Business"; since then I maintain my subscription like a Christmas card to an old friend whose once passionate conversation I cannot quite rekindle.

"Britannia Redux", its feature on Britain and globalisation published on 2 February 2007, reminds me why.

The issues that most concern Britons today - as the Economist notes - are cultural: race, immigration, integration. This is a summary of the argument in "Britannia Redux":

But:

Also in openDemocracy's debate on the Economist:

Isabel Hilton, "The "Economist" and Britain's future"
(2 February 2007)

Merril Stevenson, "Britain and globalisation: a good marriage"
(2 February 2007)

The Economist report, "Britannia redux, is written by Merril Stevenson and published on 2 February 2007

The Economist's self-declared aim since its founding in 1843 has been to take part in "a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress"

The great strength of the Economist in the 1980s was its relentless focus on economics: Britain's wealth was being destroyed, and the Economist played its role in the salvage. But the Economist's weakness today is its economics: faced with a subtle problem of identity, sociology, phenomenology, a problem centred around attachment, community, meaning and the first-person perspective - faced with such a problem, the Economist resorts to a magic wand: "education".

It is as if the Economist has understood that we are faced with a problem of mind, and has applied its managerial statism accordingly:

What is wrong with this view? The naivety of its sociology is as glaring as had become the economic naivety of the 1970s Keynesian orthodoxy. How exactly does education make a mind? How is the influence of an "outsider" felt inside a community; might a development of Britishness in schools backfire, by creating a greater target for rejection?

The most virulent terrorists - Islamic or not - have tended to be middle class and educated. Why? Can the path through modernity be micro-managed by government through the levers of education, as "Britannia Redux" suggests? And the unattractive Britishness "brand" that Muslims reject today: can it be improved without reigning in the individualist spirit that the Economist so willingly helped to unleash twenty-five years ago?

Economics is not the place to look for answers (I say this having invested a PhD and half a career in the subject). Bagehotian liberalism is a splendid tradition. Like one theme in the symphony of history, there are moments and places when it needs to be repeated loudly, to be embroidered upon. Britain today is not one.