Old Labour To New Labour

Question 1

What do Old Labour believe in?

Answer 1

. State Ownership
. The reduction in economic inequality
. Unemployment is the greater evil than inflation
. Business interests should be kept at an arms left

Examples:
. You could say with the introduction of Jeramy Corbin as Labour leader that Labour is going from New Labour back to Old Labour

Question 2

What does New Labour believe in?

Answer 2

. In a public/ private mix in the economy
. In equality of opportunity regardless of outcome
. That inflation is the greater evil than unemployment