Even when Capitalism and right-wing orthodoxy are shown to have worked, these days the impact in denied. It is a truism today that the culture war started in the US is over in the UK; the left have won. Defeated at the ballot box, they have returned in social media, education and on the streets to reclaim their power.
I don't say this lightly as it is a sad endictment of the right, so good at winning elections but so bad at spelling out policies and facing up to dishonesty with the truth.
The example today is a typical one. Not long ago, Sajid Javaid was Chancellor. Boris and others were always keen to distance themselves from George Osborne, who was personally never very popular in power or policy. But the austerity policies from 2010 to 2018 worked a treat. The UK faced a dire macro situatio in 2010 and the path to reducing the burgeoning public debt was to decrease structural spend whilst also increasing immiediate social security spending to prevent poverty and starvation.
Labour and the communists started a long-campaign which has proved fruitful to say this austerity killed 100,000 people. Total fake news based one left-wing report which extrapolated average deaths over too long a time period.
Nonetheless, at the ballot box this has failed but in the minds of many it has succeeded. Even Javid here is a victim of the mind meld. He is now saying no to more austerity and let's go with more Laour inspired-spending. The fight is over. We are seeing this in a range of areas such as the BLM protests etc too that the left wing viewpoint prevails.