Discover and read the best of Twitter Threads about #Hotelling

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Have you heard of #Hotelling’s Law? In a two party system, it says that you get most votes by minimising the political distance between the parties. It’s worked well in the past, but it’s about to bring an end to both #Labour and the #Tory party. 1/n
uk.mobile.reuters.com/article/amp/id…
Hotelling’s law worked really well for Tony #Blair. #Thatcher had moved the Tory party to the right, so #NewLabour had an opportunity to increase its vote share by also moving rightwards. 2/n
Politics had shifted. Both parties held broadly similar policies. Blair’s political stance, although to the left of Thatcher’s, was much further right than any Labour leader previously (or since). Labour was able to capture ground that the Tories had left unguarded. 3/n
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