“…Following the 1987 general election defeat, moreover, the party leadership undertook a concerted effort to downscale policy ambitions with regard to the interventionist and redistributive aims of the party's economic policy. Thus, in launching the policy review process, comprising seven policy review groups, the party leadership (and particularly the leadership office) took a firm hand in steering the party towards embracing much of the neo-liberal critique of 'traditional' social democracy, particularly the view that the market was a better allocator of resources than the state (Taylor 1997;Motta and Bailey 2007, 123). For instance, in the 1990 policy review document, Looking to the Future, the party stated: 'We welcome and endorse the efficiency and realism which markets can provide' (Labour Party 1990, 6).…”