In 1961, economic crisis hit the British economy. Ted Grant pointed out that “the only remedy of the Tory witchdoctors is to bleed the victim in the new economic squeeze, for the benefit of their millionaire paymasters.” The attacks against workers’ living standards were a golden opportunity for Labour to expose the class nature of Tory policies and build an alternative, but the bankrupt policies of right-wing LP leaders were not offering the workers an alternative.

Read the full article on the Ted Grant Internet Archive.