From Social Europe Journal, articles on the ethics of capitalism and capitalism and ethical life; an essay on morality and capitalism in sociological perspective. From New Statesman, how can we build a “good society”? A look at four evolving strands of progressive thought and the guiding spirits behind (and more); just because humans are selfish, should we give up on the ideals of equality and community? G A Cohen wants to know (and the first chapter from Why Not Socialism? and a review of Rescuing Justice & Equality); and Labour is in the middle of its gravest crisis in 30 years — it needs to rediscover the radicalism that animated its founders. Joschka Fischer took Germany's Greens out of the wilderness and into real power — but has he become what he once eschewed? From Der Spiegel, an article on how Europe's center-Left parties are stuck in a dead end. Where now for European political parties? Even in capitalists’ bad times, Europe’s socialists suffer. Jacob Heilbrunn wants to know, is socialism finished in Europe? (and more by Harold Meyerson) Beyond the Third Way: What is wrong with social democracy? Turning malcontents into (sensible) militants: In most of Europe moderate leftists are having a bad recession, but things look more promising for them elsewhere. With Germany and France becoming the first major western economies to emerge from recession, perhaps the US should learn something from our transatlantic cousins. The current severe recession may be forming a generation that is more risk-averse and believes more in redistribution.