Attempts to explain the failure of the arts to sense the stresses of our time risk degenerating into cultural theory. The Modernist movement, whose emergence Hobsbawm described, inculcated the notion that politics, foreign policy, war, business, money and work were not fit subjects for respectable artists. That prejudice still persists. Meanwhile the controllers of corporate popular culture, who once allowed exuberant variety, only wanted juvenile action adventures and crime stories.
Surely, however, we should apply Occam's razor and say that the simplest explanation is the best. The boom lasted so long that artists, like economists, bankers, politicians and journalists, came to believe that the exceptional was the norm. The hubris behind ruinous levels of personal debt, the generous welfare payments, the bankers making more in a couple of years than their predecessors made in a lifetime, and the utopian dream of European unity ought to have brought nemesis. But for years nemesis never arrived and those who might have explored the tensions fell silent for fear of looking ridiculous.
Now they look truly ridiculous and we must cope with a crisis that virtually no one saw coming. Unprepared, and still in thrall to a belief that we can return to a world we have lost, we will not, I think, cope well.


















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