Like the change where we bailed out the banks for playing monopoly ?
And now they tell us that this was a problem of not enough state regulation? Hold it, weren't the same people telling some months before that too much state regulation was damaging the economy?
If I remember correctly, the Labour party was one of early addopters of the giddean third way that basically throw out the door the few remaining socialist ideas that the center-left had..

Manageable change will only accomplish so much.. after that there's a need to break with the previous system, and that won't be done by manageable change. Actually, look what's happening. The state (in US and in Europe) bailled the banks, some regulation will be put in place and what's happening? The companies are firing people with the excuse of "the crisis" but interestingly enough profits and stocks are growing..