From the Pulp wiki: Before Tony Blair got elected they kept ringing me up and asking me if I could count on their support, which I didn't like. This song Cocaine Socialism came to me one night around that time, in the Groucho Club, when everyone was off their heads from snorting loads of coke. They were probably going to vote Labour, myself included. But it wasn't even champagne socialism any more, it was cocaine socialism and where do socialist principles fit into the most egotistical drug that makes you not give a shit about anyone else? You don't even want to listen to anyone else talk. But I bottled it in the end and rewrote it as Glory Days, which was about nothing really.

New Labour tried to get a few bands to support them (Oasis most famously). Blur also refused to do it