Established Political Parties Flashcards
What is a left wing
Those who desire change, reform and alternation in the way society operates e.g critiquing capitalism by modern liberals and socialist parties e.g labour 2019 manifesto “time for real change “
What is a right wing
Support for status quo, no change , stress need for order, stability and hierarchy
Usually related to the conservatives
What is the left view on economics and trade ?
- state economic planning
- nationalisation of major industries
- state regulation of large industries that exploit workers
- relaxed view on government borrowing and state investment in infrastructure
Centre left view on economic and trade ?
Elements from Centre and left
Centre view on economics and trade ?
- largely free market economy with state regulations
- pragmatic approach to goverment borrowing to stimulate economic growth
Reasons goverment borrow money
- as higher taxes which means people
Spend less and business makes less profit which is bad for jobs and wages - to boost the economy so borrow to pay for big projects e.g roads and railways to help the economy
Due to less profit what does this mean for companies
Companies pay less taxes
Centre right view of economic and trade ?
Elements from centre and right
What is right view of economic and trades
Support a totally free market with no state intervention in the economy
What is a free market ?
free market economy is one without government intervention or regulation. In a purely free market, buyers and sellers arrive at prices based only on supply and demand.
What is the left view on income and employment
- redistribution of income to create more economic equality
- strong trade unions
- protected right of workers
Centre left view of income and employment
Elements of both centre and right
What is the centre view of income and employment?
- Pro EU - soft Brexit
- mild redistribution of income with poverty relief
what is soft Brexit ?
- Close relationship with the EU
- Staying inside the EU single market
- to reduce economic impact of leaving the EU
What is the centre right view on income and employment?
Elements from both centre and right
right view on income and employment
- Low taxation
- avoidance of excessive goverment borrowing to simulate growth
- anti EU
- weak protection of workers
Right view on Brexit and EU
Hard Brexit and anti- EU
Left view on social issues
- strong support of the welfare state
- equal right and protection of minority groups
- positive attitude on same sex marriages
- liberal attitudes to crime and remedies