Britain’s problem isn’t too much Thatcherism, but too little13th October 1984: British Conservative prime minister Margaret Hilda Thatcher, addressing the Tory Party Conference in Brighton, following the bombing of The Grand Hotel, where many delegates were staying. No matter that she first came to power half a century ago, or left Downing Street over 35 years ago. Political power was centralised, economic power privatised, and the country has been paying for it ever since. According to our new Prime Minister, Britain has had 40 years of neoliberalism that “didn’t work for most working people”. Burnham’s solution for what ails Britain – public ownership, a bigger state, power pulled back to the centre and dressed up as devolution – is not a new path.