Contemporary Fabianism
Through the course of the 20th century the group has always been influential in Labour Party circles, with members including Ramsay MacDonald, Clement Attlee, Anthony Crosland, Richard Crossman, Tony Benn, Harold Wilson and more recently Tony Blair, Gordon Brown, Gordon Marsden and Ed Balls. The late Ben Pimlott served as its Chairman in the 1990s. (A Pimlott Prize for Political Writing was organised in his memory by the Fabian Society and The Guardian in 2005 and continues annually). The Society is affiliated to the Party as a socialist society. In recent years the Young Fabian group, founded in 1960, has become an important networking and discussion organisation for younger (under 31) Labour Party activists and played a role in the 1994 election of Tony Blair as Labour Leader. Following a period of inactivity, the Scottish Young Fabians were reformed in 2005.
The society's 2004 annual report showed that there were 5,810 individual members (down 70 from the previous year), of whom 1,010 were Young Fabians and 294 institutional subscribers, of which 31 were Constituency Labour Parties, co-operative societies, or trade unions, 190 were libraries, 58 corporate and 15 other—making 6,104 members in total. The society's net assets were £86,057, its total income £486,456 and its total expenditure £475,425. There was an overall surplus for the year of £1,031.
On 21 April 2009 the Society's website stated that it had 6,286 members: "Fabian national membership now stands at a 35 year high: it is over 20% higher than when the Labour Party came to office in May 1997. It is now double what it was when Clement Attlee left office in 1951."
The latest edition of the Dictionary of National Biography (a reference work listing details of famous or significant Britons throughout history) includes 174 Fabians. Four Fabians, Beatrice and Sidney Webb, Graham Wallas and George Bernard Shaw founded the London School of Economics with the money left to the Fabian Society by Henry Hutchinson. Supposedly the decision was made at a breakfast party on 4 August 1894. The founders are depicted in the Fabian Window designed by George Bernard Shaw. The window was stolen in 1978 and reappeared at Sotheby's in 2005. It was restored to display in the Shaw Library at the London School of Economics in 2006 at a ceremony over which Tony Blair presided.
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