The call for a new paradigm, a social contract superceding the neoliberal ‘Washington consensus’, is becoming a trend in global thinking, taking in the G7. The most far-reaching implication of the ‘Cornwall consensus’— as it was labelled after the group’s summit in Britain in June — would be a revitalisation of the state’s economic role to pursue social goals, build international solidarity and reform global governance in the interest of the common good. The econ