2 - Labour Party

Question 1

When was the Labour Party founded?

Answer 1

1900

Question 2

When did Old Labour span?

Answer 2

1945-1994

Question 3

What were some old labour principles?

Answer 3

Equality - no unjustified privilege or inequality in society.

Collectivism - humans are social animals who prefer to work collectively

Capitalism - capitalism must be controlled.

Social Justice - all should have a decent standard of living

class + society - progressive taxes, economic management.

Question 4

What are some new Labour principles?

Answer 4

Individualism - low income tax, home ownership encouraged, small business encouraged.

Free market - accepted as the best form of wealth creation.

welfare state - support welfare state and increased spending

social justice - all should have access to a decent standard of living

communitarianism - responsibility to take care of community collectively.