Majorism and the Renter’s Economy

Majorism and the Renter’s Economy

Traditionally, the British Tories have been known as the stupid party. At key moments in twentieth-century British history, such as Munich, Suez, and the destruction of manufacturing after 1980, they have taken decisions as a government that beggar belief. However, in light of their election successes in the 1980s, they might seem a very clever party, and their decision to ditch Margaret Thatcher was also clever.

Yet there is mounting evidence that in the years of Tory rule since 1979, they have done their best to turn Britain into a stupid country. Like a powerful candle drawing hordes of moths, Thatcher attracted more in- tellectuals to her side, more theory-spinners than any other British prime minister. There are more fellows of All Souls in the government than at any previous time in the twentieth century, and they have presided over the worst cuts in British education, training, and skills base we have ever seen.

...

Lima