*160 thousand toffs and toff-wannabees electing the next PM on behalf of the other 64 million of us.
a) "toffs, toff wannabees" and those who believe that a Conservative government will be better for the country, and the people, than a Labour government would.
b) "electing the next PM on behalf of the other 64 million of us". No, the General election decided which party will run the country. The current leadership election is on behalf of the Conservative party, not the general population.