Anthony Crosland Flashcards
AC - absolute equality was less important than
Argued capitalism had changed and that absolute equality was less important than equality of opportunity and ensuring everyone had the opportunity to achieve a good standard of living.
What kind of socialist was AC
THIRD WAY
Capitalism and equality
Socialism should focus on spreading equality of opportunity rather than absolute equality.
Capitalism could be managed to prevent its destructive effects.
Economy
Keynesianism - could prevent mass unemployment.
High taxation on the rich to fund extensive public services and an extensive welfare state. So perusing equality of outcome to an extent.
State managed capitalism - mixed economy
Key industries nationalised