In 2015 an article was published in the Journal of the World Socialist Movement which stated that “For over 110 years, Labour has hoodwinked the workers, and endlessly led them down the blind alley of reformism, always mindful that its real allegiance was to the master class who own and control society.” The Labour Party wasn’t founded to fight for the working class. The Labour Party was founded to manipulate and get control of the working class.
So who was behind the founding of the Labour Party?
Lionel de Rothschild took his seat in the House of Commons as Liberal Member of Parliament for the City of London in 1858. Lionel’s son, Nathaniel de Rothschild, who became known as the elder statesman of the City of London, was Liberal MP for Aylesbury from 1865 and was later created a peer by Liberal Prime Minister William Gladstone and raised to the House of Lords. Lord Rosebery who was also a Fabian was William Gladstone’s Foreign Secretary and succeeded Gladstone as Prime Minister.
More at the end of the link.