Political Parties - The Labour Party Flashcards

1
Q

Old labour (social democracy) (1945-94) - ideas and principles

A
  • equality (tax and welfare should be used to reduce differences in income)
  • collectivism (welfare states should be funded by taxes & all should be equally entitled)
  • capitalism (key industries should be nationalised)
  • social justice (strong laws to outlaw discrimination)
  • class & society (film economic management to control unemployment)
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2
Q

New labour (Third way) (1994-2010) - ideas and priciples

A
  • individualism (low income tax to encourage work)
  • free market (no more nationalisation and further privatisation)
  • welfare states (increased spending on health and education)
  • social justice (welfare state to guarantee living standards)
  • communitarianism (emphasis on schools and strong social services)
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3
Q

Old labour policy platform:

A
  • good a berating wealth, bad at distributing
  • mixed economy (commanding heights of the colony would be nationalised and the rest would be privately owned)
  • keysian economics - increased spending to generate growth ensuing full employment and continuous economic growth
  • progressive taxation and redriutbtion of wealth
  • universal welfare
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4
Q

New Labour change;

A
  • accepted that Keyesian ecomics was dead & the free market was the best way to liberate individuals and create wealth
  • social justice was also redefined; social inclusion - everyone ha equal rights and equality of oppotunities rather than any form of social equality
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5
Q

Labour post Blair;

A
  • from 2015-19 labour moved make to left under Jeremy Corbin increasevote share in 2017, then a election loss in 2019
  • committed to higher taxes on higher earnings, nationalising rail water, energy and Royal Mail, huge investment in the NHSm social education, tackling poverty and job insecurity
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6
Q

Some 2024 policy pledges

A
  • provide economic stability with clear rules on tax&spending, including no increases to existing income tax rates national insurance or VAT
  • cut NHS waiting times with 40,000 more appointments a week but paying staff more to work weekends and evenings
  • recruit 6.500 more teachers and introduce free breakfast clubs at every primary school on England
  • set up great British energy to create jobs cut bills
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7
Q

Some 2024 labour budgets

A
  • spending on public services (22bn to NHS & 2.3bn for education)
  • affordable homes budget running until 2026, boosted by 500m
  • increases in national wage
  • increasing benefits by 1.7%
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8
Q
A
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