I would like to thank the editors of this volume for their patience and advice as I wrote this chapter. I’d also like to thank Melanie Joyner, of the University of Plymouth, for her insights into the current state of British politics, and Alexandra Liebich for her tremendous research assistance. The paper owes much to the work of Colin Leys and Leo Panitch, who remain two of the most perceptive commentators on social democracy in general, and the British Labour Party in particular.