Frank Schirrmacher on the self-doubts of the conservatives

According to Charles Moore, commentator for the British daily The Telegraph, the financial crisis has sown doubts among many conservatives. The journalist Frank Schirrmacher analyses in the conservative Frankfurter Allgemeine Sonntagszeitung a comment recently published by Moore entitled "I'm starting to think that the Left might actually be right": "The political system only serves the interests of the rich? Perhaps such leftist phrases always seemed a little less wrong in England than in the Germany of Ludwig Erhard [former German chancellor who stood for a social market economy]. ... The [conservative] CDU never reclaimed the immaterial values, the idea of the individual and his happiness which it lent out to the financial markets. Not only has it demanded no accountability for banks on the verge of bankruptcy, it has not complained even once about the adulteration and destruction of its ideals. In this way a world of double standards has evolved in which economic problems inevitably become moral ones. Here lies the explosiveness of the current situation, and that is what differentiates it from the crises of the old republic."

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