The last string in the socialist bow is inequality. Thomas Piketty’s tedious Capital in the Twenty-First Century has for no reason you can think of been taken up by the left, no reason other than desperation since there really is nothing left to criticise capitalism for other than its refusal to bring perfection to every facet of life. Here is the great Deirdre McCloskey, an American economist, last in Melbourne in December to watch the test against the English, providing her own answer. For a longer discussion of this now much discussed book – you cannot find a copy on the shelf anywhere in Melbourne – you can read this. But it is this issue that will sandbag any right-side party that cannot offer Obamaphones in your box of corn flakes.