The above is the title of a piece in the Guardian this morning by Aditya Chakrabortty. As he notes:

Just one thing is missing from the financial drama that has captivated us for the past year. Yes, the meltdown of the markets has been thrilling, the run on Northern Rock was spectacular, and the scalp count of chief executives is rising nicely. But where in this bonfire of capitalist certainties is the left?

Here, Aditya. I'm trying. So is the Tax Justice Network.

But one exception apart (and as he notes "the one set of progressive proposals has come from the just-launched Green New Deal group rather than a bunch of old policy hands whose main currency is ministerial access": I'm a member of that group), the Left has been notable by its silence.

As he says:

There's been barely a squeak from progressive thinktanks. .. "Perhaps the left doesn't really have a political economy any more," says one thinktanker, a comment echoed by many.

The reality is this:

Too few British progressives have thought in depth about what they want the economy to do, let alone how it should do it. The left's truce with the markets began as a bid for electability, but it's turned into a cosy ignorance of how markets do - and don't - work.

Which is somewthing that is not tolerated around this blog.