In 2009 Jon Cruddas and Andrea Nahles published a short pamphlet, Building the Good Society and with the support of Compass and the Friedrich Ebert Foundation it has been debated across Europe. Three years later we are in the middle of an extraordinary economic crisis. It is no routine period of bust from which the economies of Europe will automatically return to boom. This is a systemic crisis of a form of capitalism that has broken free of society and democracy. Financialised capital has shaken off any responsibility not just to society but the wider productive economy. Europe is now paying the price in lost output, lost jobs and lost hope. This publication explores how we can emerge from this crisis.