Labour’s defeat in the 1987 election came as a bitter blow to the hopes of British workers to see the end of Tory rule after 8 years of Thatcherism. Ted Grant pointed out the objective and subjective reasons for Labour’s defeat, denouncing the failure of Labour’s right wing leaders to pose an alternative to the Tories. However, considering the perspectives for British capitalism and tensions arising in British society, Ted Grant explained, the picture was not one of a strengthened Tory rule, but quite the contrary.