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The Tories are the party of crony capitalism

THIS month Michael Gove gave a speech at Policy Exchange. The speech was boosted much further than the average Tory think tank talk: the Daily Mail headline read Gove’s Crony Capitalists Crackdown: He Declares War on Fat Cat Executives Who Have ‘Rigged the System’ to Build Huge Fortunes.

Attacking the worst aspects of capitalism is a familiar ritual for Tory wannabe leaders. In 2010 David Cameron gave a speech, also decrying “crony capitalism.” 

On becoming Prime Minister in 2016, Theresa May gave a speech saying she would fix the “burning injustice” of unfairness to poor and black British people, take on the “powerful,” the “mighty” and the “wealthy.” 

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