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Theresa May’s speech proves the free market on housing has failed

Theresa May is right to argue for greater state intervention when it comes to housebuilding—even if it puts her at odds with the Theresa May of only nine months ago

By Sam Moore  

I think, if you asked Theresa May last year what she thought defined modern Conservative politics, she would have said that it’s a belief in the free market. In her conference speech last year, she went so far as to call it “the greatest agent of collective human progress ever made.”

However, Theresa May seems to be the next in a long line of people to refute Fukuyma’s idea that history is over, and that liberal democracies with market economies are the end point of civilisation. In her housing speech on Monday,…

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