Established parties- Paper 1 Flashcards
Lib Dem Origins
-1988
-merger of the liberal party and social democratic party
-combined liberal and centrist views
Lib Dem Core beliefs
-emphasis on personal liberties and human rights
-commitment to reducing inequality and promoting welfare
-environmental sustainability
Different Lib Dem Factions
SOCIAL LIBERALS:
-advocate for progressive social policies
ECONOMIC LIBERALS:
-emphasize free market principles eg deregulation
2 types of conservatism
- one nation
- New right (Thatcherism)
One Nation conservatives
-1800s- 1970s
-strong law and order
-preservation of tradition
-organic society(rich and poor)
-moderate gov intervention
New Right Conservatives
-1970s
-neo liberalism
-high tax is a disincentive
-against welfare and trade unions
-free market
Neo-liberalism definition
-ideology that emphasizes free markets and limited gov intervention to promote economic growth
The conservative party today on economy and welfare
ECONOMY:
-neo-liberalism
-reduce corporate tax
WELFARE:
-ensure it is not a disincentive to work
Labour party origin
-1900
-offshoot of trade unions
-aimed to represent working class
Old Labour
-traditional socialist values
-strong support for nationalisation
-NHS 1940s
New Labour
-1990s-2010
-more centrist
-support for privatisation
-Tony Blair aiming to blend traditional labour values with market friendly policies
-economic reform
The labour party today on economy and welfare
ECONOMY:
-high public spending and job creation
WELFARE:
-strong NHS support
-more benefits with some caps