““Future historians, pondering changes in British society from the 1980s onwards, will struggle to account for the following curious fact. Although British business enterprises have an extremely mixed record – frequently posting gigantic losses, mostly failing to match overseas competitors, scarcely benefiting the weaker groups in society – and although various ‘arm’s length’ public institutions such as museums and galleries, the BBC and the universities have by and large a very good record (universally acknowledged creativity, streets ahead of most of their international peers, positive forces for human development and social cohesion), nonetheless the policies and the rhetoric of the past three decades have overwhelmingly emphasized the need for the second category of institutions to be forced to change so that they more closely resemble the first. Some of those future historians may even wonder why at the time there was so little concerted protest at this deeply implausible programme.””