Community Development Journal Advance Access originally published online on December 9, 2008
Community Development Journal 2009 44(1):1-3; doi:10.1093/cdj/bsn039
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Editorial |
Editorial
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In writing this Editorial, it is impossible not to acknowledge that sense that we are about to embark upon another profound political and economic shift with the election in America of President Obama and the return to Keynesian following the global economic crisis. Although the neo-con free marketers are still to be found in every major national government and global financial institutions, they have at least been temporarily silenced by the turmoil and spillover from the financial markets to the point where governments embrace regulation and have been frantically adopting partial nationalization of the banking sector. Meanwhile, Obama speaks of change and new relationships between America and the rest of the world. We have, of course, been here before—although