Unlike the jubilant Polly Toynbee, we are not convinced that David Cameron’s recent pronouncements on big business and the redistribution of wealth quite amount to a repudiation of capitalism, nor even, as she puts it, that the Conservative leader has ‘put a stake through Mrs Thatcher’s legacy’. Mr Cameron has yet to announce any firm policy at all, and it is a fair bet that when he does so it will not involve nationalisation of the means of production nor lead to droves of big businessmen being led off to jail on charges of ‘corporate irresponsibility’.

Disagree with half of it, enjoy reading all of it
TRY 3 MONTHS FOR $5
Our magazine articles are for subscribers only. Start your 3-month trial today for just $5 and subscribe to more than one view
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in