In November 1980, James Callaghan retired as leader of the Labour Party. He had been on the front line of British politics for many years and was the only person to hold all of the four great offices of state. However, his premiership is seen as a failure, the last gasp of Keynesian social democracy being smothered by the oncoming advent of Thatcherism. This book offers a timely reappraisal of Jim Callaghan's premiership and time as Leader of the Opposition in 1979-80.