Latest Issue

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,…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect