A Crisis of Politics in the Politics of Crisis
Abstract
The global financial crisis which first began to make itself apparent in 2007 and then broke with full force in the autumn of 2008 has generated an intense debate in academic, business, journalistic and political circles alike about what went wrong and how things might be repaired. Yet, to date at least, it has failed to generate a wider political crisis. The Coalition administration, which many saw as potentially flaky from the moment of its inception, now seems destined to see through its full parliamentary term and, though the Labour opposition has persistently retained a lead in the opinion polls, there is little sense of the imminent arrival after the next election of a paradigm-changing administration.