It's been a bit weird. Over the last two weeks, Britain was marvellously, uncharacteristically joyful. We were like a dad dancing at a wedding, who suddenly realises he's really good at it. No, that never happens. And this should never have happened either. For two weeks this country was distinctly un-ironic, un-snide, un-sarcastic. It was jubilant and euphoric and had a distinct sense of belonging and unity which few of us had seen before. It was weird. But it was very nice.
As we try to assess the how's and why's of a magical fortnight, it's worth paying particular attention to the role of profit and the private sector.
These forces are supposedly the key to a more modern, vibrant and happy country. But the Olympics offered a demonstration of an alternative idea.
The parable of profit's failure began before the Games, when G4S admitted it could not complete its contract for security. G4S is one of those companies merrily charging over the odds for services government used to doRead More »from The Olympics demonstrated the failure of profit