“Simply tosh” says Michael Mossbacher. The idea (he says) that Margaret Thatcher had to battle against ‘One Nation’ toffs in order to push through her radical free-market reforms is nonsense! Hmm.
Writing in City A.M. and Standpoint (of which he is editor), he supports this strange claim with two arguments. One, David Cameron’s cabinet is less posh than Margaret Thatcher’s. And two, that though there are some really rich Tory MPs, there also some really rich Labour MPs.
But this surely doesn’t stand up. Everyone knows that Margaret Thatcher’s cabinets were stuffed with posh Tories. That’s why she had such a hard time.
As for arguing that, although the green rich Tory socialist Zac Goldsmith is worth £75m, we should remember that the green rich Labour socialist Margaret Hodge is worth £18m, I am not sure how far that gets us.
We know that posh anti-capitalism is not confined to the Tory party. We all remember the declining aristo Oswald Mosely, who hovered between the Tory and Labour parties, before coming out as a National Socialist.
Behind the discontent with Cameron and his Eton chums is something bigger than inverted snobbery. We suspect that these posh One Nation Tories have no desire and no intention of doing what needs to be done ... to cut public spending (by a gigantic amount) and slash taxes.