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Conservatism now

Labour says it can combine social cohesion with economic efficiency but so far it is just being bossy. Tories understand real institutions, not abstract communities

By David Willetts   October 1997

Emperor hirohito told the Japanese people in July 1945 that “developments have not entirely proceeded as planned.” That is rather how I feel about recent political events. One of the reasons why the Conservative party lost the election is that many voters took the Conservative belief in the free market to mean that they were willing to destroy institutions and traditions which the electorate hold dear. This is an absurd position for the Conservative party to be in.

Labour’s first charge was that free market ideology was destroying “one nation.” Their second was that it was not even economically efficient.…

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