A Failure of Ideology?
Commentators of both the left and right were speculating today about the implications of the economic crisis for the Tories, and many honed in on the fact that the current lame Tory response is due in no small part to their free-market commitment to the sort of unregulated system that is currently looking a little, shall we say, tarnished. The Spectator's James Forsyth reviews this problem on the Coffee House blog, finding hope only in the fact that voters can't blame the Tories because they're not in government. Not, perhaps, the most confident rallying call ever heard from a conservative commentator.
But, lest there be a complete failure of conservative nerve, Conservative Home has come to the rescue, identifying 5 Tory principles to hold onto in this crisis. Let's see if Cameron and Osborne respond - they have in the past proved remarkably resistant to the more earthy conservative blandishments of the Tories' unofficial, but hugely influential, website!
NB: The Guido Fawkes blog has also been bemoaning the failure of capitalist nerve. They are all in a tizz!