Tuesday, 10 March 2009

Ever the contrarian

I have been a running a low-level campaign for unfashionable industries, such as finance and the media.

Once seen as the mainstays of the new economy, in the light of the crunch these weightless sectors have come in for criticism from all quarters.

So I enjoyed reading Dave Hill’s plea for London to not be shy about selling its strengths.

"Is there something shallow and insubstantial about all this, even something just a little un-British? On the first point, I can't help fretting that the answer might be yes. On the second, I am certain it is no. Even more than in the 1980s we have little choice but to rise from the ashes on a zephyr of conspicuous consumption and self-promotional frippery. Churchill's reticent, stand-alone land will be saved by greasepaint, insurgent aliens and the party buckets of Colonel Sanders. We need to buy and have world buy into us. We need to sell ourselves, history and all."

And if you have any doubts about the level of unpopularity of finance, read the comments following Tetsuya Ishikawa’s call to help firms used and abused by private equity companies.

Edited to add: it's well worth a read of this article suggesting the decline of manufacturing in the UK is a myth.

And, while we're at it, it's worth reading Simon Jenkins on Thatcher. Gets across the complexities and paradoxes of politics.

No comments: