As the Tory government limps on, under the rule of the fifth Tory prime minister in six years, HANNAH SELL analyses the economic and social roots of the Conservative Party’s long decline.
Over recent months the Tory Party has teetered on the brink of collapse. First Boris Johnson was ousted as prime minister amidst an avalanche of scandals. His replacement, Liz Truss, lasted just 45 days, making her the shortest-ever serving prime minister.
Then, over the weekend following her resignation, with the Tories at an all-time low of 14% in opinion polls, it appeared that Johnson was going to make a comeback. He claimed he had the 102 nominations from Tory MPs needed to appear on the ballot paper. Had his name been on the ballot of Tory Party members, it was overwhelmingly likely he would have re-won the leadership. He could not, however, have governed the parliamentary Tory Party, which would have finally imploded. Just one indication of this was the widespread reports of Tory MPs threatening to defect to Labour had Johnson been re-elected.
In the end Johnson didn’t stand, possibly because he didn’t get the nominations necessary, or because he didn’t want to lose the gargantuan fees he is making on the celebrity speaker circuit. He may well also have had an eye to a future return at a more propitious moment and did not wish to bear the tag of ‘loser’, as he might have been in the vote among Tory MPs, and almost certainly at the next general election. What is certain, though, is that he came under huge pressure from large sections of the capitalist class not to act so irresponsibly and finally destroy what was once the most successful capitalist party on the planet.
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