Scratch a Socialist and you'll likely find...

TIK has an interesting video on why Oswald Mosley turned to Fascism. 

You don't need to know much about Mosley or British history to get a better understanding of politics -- pretty much everywhere -- by watching it. For someone raised in the Midwest, I know a lot of British history. However, I didn't realize that pre-industrialization three-fourths of the children died before they were five -- I thought it was more like two-thirds.

Interestingly, Mosley could drift through the British ruling class with a rather consistent set of beliefs and still be a Conservative, a Liberal, a Socialist, a Keynesian, and a Fascist, without much of a change in his basic outlook.