Conservative party Flashcards
One nation conservatism founder
Benjamin Disraeli - PM for conservatives from 1874 to 1880
Modern one nation conservatives
May, Cameron and Johnson
one nation conservatism principles
- Strong law and order to control society
- Preservation of tradition
- Organic society with rich and poor bound to each other
- The theory of nobless oblige - higher class helping lower classes
- Pragmatic response to issues - not ideological
- Faith in property and home ownership as a means to creating an ordered society
what is noblesse oblige
richer / higher class having the obligation to help the poorer
economic policy of one nation conservatism
high tax, welfare benefits, higher spending
what is ‘Thatcherism’? (also known as new right conservatism)
a mixture of free markets, financial discipline, firm control over public expenditure, tax cuts, nationalism, Privatisation, ‘Victorian values’ and a dash of populism.
2 branches of thatcherism
neo-liberalism, neo-conservatism
what is neoliberalism?
economic Thatcherism - key pillars are the free market and the self-reliant individual
what is neoconservatism?
social Thatcherism - a form of authoritarian conservatism that calls for the restoration of order, authority and discipline in society
Thatcherite economic policies
followed Hayek and Friedman, free market economy based, massive push on privatisation, low taxes and constraints on labour movement, trickle down economics
what is trickle down economics?
more disposable income to spend and achieve economic growth. - more income to spend will result in growing of economy
social views of thatcherism
traditional views - LGBTQ, immigration, anti trade unions
Recent one nation policies
Sunak and Johnson - furlough scheme during COVID
Sunak - ‘levelling up’ to reduce inequality
Johnson - high taxes and high spending
Johnson - gave Grant Shapps transport secretary 96 billion pounds to work on HS2 but counter - east midlands - leeds leg scrapped
Recent thatcherite policies
Truss - mini budget and push for trickle down economics - cut taxes
Sunak - blocked gender recognition bill in scotland, ‘a man is a man and a woman is a woman’
Sunak and Johnson - anti immigration, stopping the boats and Rwanda scheme
Sunak - wanting to increase the income tax threshold and lower taxes
factions in conservative party
cornerstone (traditional), conservative way forward (thatcherite), tory reform group (one nation)