The starting point for Blue Labour is that the banking crisis of 2008 marked the end of New Labour economics and opens up the possibility for renewal. The tradition is strong and the party should honour it. In its explanation of the crash it must point to the volatility and vice of finance capital and the necessity of a balance of power within the firm and stronger institutions to constrain capital and domesticate its destructive energy.
The lessons of New Labour are not to have a contemptuous attitude to the lived experiences of people but work within them to craft a common story of what went wrong and how things can be better. To bring together previously separated political matter in the pursuit of the common good.
But it is immigration and multiculturalism which has become ‘the big monster that we don't like to talk about', claims Glasman. Mass immigration under Labour, he believes, served to ‘act as an unofficial wages policy'. The party's position, Glasman contends, occupied a ‘weird space where we thought that a real assault on the wage levels of English workers was a positive good'.
More seriously, he charges the last government with having acted in a ‘very supercilious, high-handed way: there was no public discussion of immigration and its benefits. There was no election that was fought on that basis. In fact there was a very, very hard rhetoric combined with a very loose policy going on.
The populist True Finns Party has unveiled its manifesto for the upcoming parliamentary election. It advocates tax increases for the higher paid, opposes the mention of Finland’s EU membership in the country’s constitution and demands cuts in social benefits for immigrants.
According to the Danish political scientist, Ole Borre, the DPP is right-wing “only” in connection with questions regarding value-policy while they can be consider to belong to the left on the right-wing on issues such as distribution of wealth (Borre, 2001: 181).