Labour’s victory might be seen as the final rejection of the revolution begun in the 1980s by Margaret Thatcher in the UK and by Ronald Reagan in the US, loyal followers of the theories of Friedrich Hayek and Milton Friedman. The immediacy of current affairs impedes historical hindsight, but many of the problems that led to the Tories’ demise and brought Labour back to power have their roots in Neoliberalism. Today the social, economic, and political models that evolved from classical liberalism have entered into crisis.