Before Thatcher, there was stagnation and decline

If you can remember the 1960s, many are said to have said, you weren’t really there. But if Britain fails to remember the 1970s, it may soon find itself in a place where it really should not want to be. Towards the end of the latter, infinitely less entertaining decade, a good number of those at the top of Jeremy Corbyn’s opposition Labour party made their political debut as members of a hard Left that was far less of a fringe than it deserved to be. They have come a long way since, but their thinking has not, and with …