In more complex cases, one might find that the accounts of ‘shared’ identity and values that emerge from such attempts at self-understanding are markedly diverse and highly contested, so that decisions then have to be made about which of these is to be adopted as the basis for evaluating the different kinds of capitalism at issue. As an example, consider what might be seen as the institutional transition from a coordinated to a liberal market economy in the UK during the 1980s. A notable feature of the political rhetoric supporting this transformation was the appeal to supposedly long-standing British values of individual enterprise, self-help and responsibility, to the ‘Victorian values’ from which the nation had been led astray during the post-WW2 period of welfare dependency and collectivism. In response, however, critics argued that ‘Victorian values’ would better be interpreted as those underlying the provision of public goods, the rise of mutual societies and the growth of professionalism, and that the post-WW2 welfare state expressed a deeply rooted sense of social solidarity