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Up the Down Escalator: Why the Global Pessimists are Wrong

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  • The 1990s were utopian. The Cold War ended; democracy spread around the world. At home the new economy, New Labour and new Britain declared a decisive break with the past. The roaring nineties came to a final end on September 11. But then, with the collapse of the high-tech stock boom and increasing fears about globalisation, the shadows had been gathering for some time. Here Charles Leadbeater argues that pessimism is the most powerful ideology of our times, and it is wrong. Rather, the fundamental forces shaping our society - innovation and technology, globalisation and education, democracy and self-government - should give us grounds for optimism.

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