Our readers will recall that The Economist called on its readers to vote Marx off the top of the list of the most revered philosophers. We appealed to our readers to vote for Marx and keep him at the top. In spite of The Economist’s best attempts Marx won! This comes as no surprise to us. We await The Economist's explanation with interest.

Labour has scored an historic landslide victory in the 1997 general election. The scale of the Tory defeat is unparalleled in modern history. In the words of former Tory cabinet minister, Douglas Hurd, "this is a meltdown." In fact meltdown is probably a vast underestimation of the hole the Tories now find themselves in. Only the Duke of Wellington has presided over a worse defeat for the Tories - and that was in 1832!

The Tories have finally been driven from office! Humiliated, they have scuttled from power. It was an earth-shattering defeat that will open a new round of bitter civil war over who will succeed John Major. Every worker who has lost their job, every young person who has been denied a future, all those who have been driven into the ground for the past 18 years will be over the moon. The demise of the Tory government is being celebrated from one end of the country to the other.