Carmarthenshire County Council’s decision to suspend the Right to Buy might appear on the surface no big deal.

But make no mistake, it is a historic moment.

The Right to Buy was the flagship policy of Margaret Thatcher.

Whether we like it or not – and whatever the Labour Party of Blair and Brown might have had you believe – we have been living under the Thatcherite doctrine of aspirational, in it for yourself, foot on the ladder, capitalism ever since – and the Right to Buy has been instrumental in perpetuating that philosophy.

The purpose of local authority housing has always been to provide homes for families who would otherwise be forced into paying over the odds in the market-driven world of private landlords, where a shortage of housing was a recipe for rocketing rents and falling standards.

Rather than provide families with a springboard to a better life, the Right to Buy simply ensured that the public housing stock has reduced year on year, thereby driving up rents and forcing people to scramble for whatever homes they could get their hands on.

Where the Right to Buy was heralded as a policy for the betterment of poor households, it was – in practice – precisely the opposite.

It might seem a rather grandiose claim, but Carmarthenshire County Council’s decision might just mark the beginning of the end of Thatcherite Britain. Now who would have ever thought that?