Somehow, in the space of one month, the political Right seems to have gone from #Tories4Corbyn mania to acute Corbynphobia, switching positions in direct proportion to Corbyn’s rise in the opinion polls and his proximity to clinching the Labour leadership election.
The latest to lose his nerve is Allister Heath, who writes very well and sensibly about most things, but seems to have lost both perspective and ambition in his latest piece for the Telegraph.
For in truth, small-C conservatives and believers in small government and individual liberty have very little to fear from Jeremy Corbyn becoming leader of Her Majesty’s Loyal Opposition. But the fact that notes of panic are creeping in – even among stalwarts such as Allister Heath – reveals a deeper malaise within British conservatism, one which needs to be quickly identified and rooted out.
Heath begins well enough:
Britain needs as many pro-capitalist parties as it can get. For a brief period in the mid-1990s, it had at least three: the Tories, a reformed Labour Party under Tony Blair which appeared ready to embrace markets for the first time, and the Liberal Democrats, who at the time were still pretty centrist.
It seemed as if the free-market counter-revolution of the 1970s and 1980s, combined with the collapse of the Soviet Union and Warsaw Pact, had finally killed off socialism. The choice from now on would be between a particular brand of capitalism, with varying degrees of intervention, but nobody would any longer suggest ending the economic system that has created so much wealth for humanity over the past 250 years.
So far, so true. Yes, indeed there was a large degree of consensus from the mid-1990s through the early New Labour era, and yes, this consensus broadly accepted free markets and the fact that people could become filthy rich, so long as they paid their taxes. But there was also a consensus among all parties that the European Union was a great and benevolent institution, and that we should happily cede ever more sovereignty to Brussels in the service of some “common European” good.



