Unfortunately, it is much more likely that the general public will become accustomed to regulation of business and increased government interference. Conservatives believe that the state should fill gaps in the market. These can occur in surprising areas. For example, private contractors are actually retreating from council grounds maintenance contracts because they cannot make a profit. This is not what conservatives might expect or hope for, but nevertheless it is true.
Conservatives accept reality.
Pursuing the market blindly only leads to ultimate disappointment and being politically out of touch. Taxes Giddens allows governments to reduce taxation-but only by tinkering on the margins. A 1p cut in income tax should be enough to prove that Labour is no longer a confiscatory party. Since he wrote before New Labour was elected, Giddens has never heard of stealth taxes. No Conservative proposes this.