In 1970 the outgoing Wilson government lost the elections to the Tories. However, the Labour leaders did not draw any of the lessons from the disastrous experience of 1964-70 when they had been in office and issued yet another ambiguous draft programme for the 1972 Labour Party conference. Ted Grant analysed in detail the LP draft programme, pointing out all the contradictions of the reformist outlook and how this would inevitably lead the next Labour government to being one of crisis, which is what eventually happened in 1974-79.