Dreams of a socialist paradise

The deaths of Tony Benn and Bob Crow mark the end of an era for socialist Britain.

"Socialism died this week not once but twice," says Tim Stanley on Telegraph.co.uk: first with the death of working-class union leader Bob Crow, and then with that of "aristocratic firebrand" Tony Benn.

Their dream "that the economy should run on the basis of need, not profit; that power should be in the hands of the many, not the few" was beautiful. But it was just a dream.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.