@julieofthespirits this thread sent me down to a rabbit-hole and I read that Moorcock wrote that Lord of the Rings is "a pernicious confirmation of the values of a declining nation with a morally bankrupt class whose cowardly self-protection is primarily responsible for the problems England answered with the ruthless logic of Thatcherism"
(I have only read "Elric of Melnibone" which I liked)