Owen Jones pays tribute to the intellectual ascendancy of the right…

“In this country, the Institute of Economic Affairs was founded in 1955; the Centre for Policy Studies in 1974; the Adam Smith Institute in 1977. They not only laid the ideological foundations for privatisation, the stripping of trade union power and the slashing of taxes on the rich and corporate interests, but helped shift the terms of political debate. The left has been on the defensive and in intellectual retreat ever since.”