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Left Unity (UK)
Left Unity is a left-wing political party in the United Kingdom founded in 2013 when film director and social campaigner Ken Loach appealed for a new party to replace the Labour Party (which according to him failed to oppose the United Kingdom government austerity programme and had shifted towards neoliberalism). More than 10,000 people supported Loach's appeal. In 2014, the party had 2,000 members and 70 branches across Britain. The organisation is affiliated at the European Union level with the Party of the European Left. Ideology The party's primary aim is the following: Left Unity was founded by Ken Loach, who believed that there was an "absence of a strong voice on the left" and that "the Greens are alone among the political parties in not standing up for the interests of big business". Loach wanted a "UKIP of the left", "a successful party to the left of Labour as UKIP appears to be a successful party to the right of the Tories". Economics Left Unity is an anti-capital ...
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Left may refer to: Music * ''Left'' (Hope of the States album), 2006 * ''Left'' (Monkey House album), 2016 * "Left", a song by Nickelback from the album ''Curb'', 1996 Direction * Left (direction), the relative direction opposite of right * Left-handedness Politics * Left (Austria), a movement of Marxist–Leninist, Maoist and Trotskyist organisations in Austria * Left-wing politics (also known as left or leftism), a political trend or ideology ** Centre-left politics ** Far-left politics * The Left (Germany) See also * Copyleft * Leaving (other) * Lefty (other) * Sinister (other) * Venstre (other) * Right (other) A right is a legal or moral entitlement or permission. Right may also refer to: * Right, synonym of true or accurate, opposite of wrong * Morally right, opposite of morally wrong * Right (direction), the relative direction opposite of left * Rig ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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From Each According To Their Ability, To Each According To Their Needs
"From each according to his ability, to each according to his needs" (german: Jeder nach seinen Fähigkeiten, jedem nach seinen Bedürfnissen) is a slogan popularised by Karl Marx in his 1875 ''Critique of the Gotha Programme''. The principle refers to free access to and distribution of goods, capital and services. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist system will be capable to produce; the idea is that, with the full development of socialism and unfettered productive forces, there will be enough to satisfy everyone's needs. Origin of the phrase The complete paragraph containing Marx's statement of the creed in the ''Critique of the Gotha Programme'' is as follows: Although Marx is popularly thought of as the originator of the phrase, the slogan was common within the socialist movement. For example, August Becker in 1844 described it as the basic principle of communism and Louis Blanc ...
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FTSE 100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market capitalisation. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group. Overview The index is maintained by the FTSE Group, now a wholly owned subsidiary of the London Stock Exchange, which originated as a joint venture between the ''Financial Times'' and the London Stock Exchange. It is calculated in real time and published every second when the market is open. The FTSE 100 Index was launched on 3 January 1984. The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. The total market value of a company is calculated by multiply ...
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Industrial Action
Industrial action (British English) or job action (American English) is a temporary show of dissatisfaction by employees—especially a strike action, strike or slowdown or working to rule—to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace. Industrial action is usually organized by trade unions or other organised labour, most commonly when employees are forced out of work due to contract termination and without reaching an agreement with the employer. Quite often it is used and interpreted as a euphemism for strike action, strike or mass strike, but the scope is much wider. Industrial action may take place in the context of a labour dispute or may be meant to effect political or social change. This form of communication tends to be their only means to voice their concerns about safety and benefits. Types *Strike action, Strike *Occup ...
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Privatisation
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Zero-hour Contract
A zero-hour contract is a type of employment contract between an employer and an employee whereby the employer is not obliged to provide any minimum number of working hours to the employee. The term 'zero-hour contract' is primarily used in the United Kingdom. In 2015, employers in the UK were prohibited from offering zero-hour contracts that prevented employees from also working for a different employer at the same time. In September 2017, the UK Office for National Statistics estimated that there are over 900,000 workers on zero-hours contracts, 2.9% of the employed workforce. In the UK, zero-hour contracts are controversial. Trade unions, other worker bodies and newspapers have described them as an exploitation of labour. Employers using zero-hours contracts include Sports Direct, McDonald's and Boots. United Kingdom Definition A 'zero-hour contract' is a type of contract between an employer and a worker according to which the employer is not obliged to provide any minimum ...
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Social Democracy
Social democracy is a Political philosophy, political, Social philosophy, social, and economic philosophy within socialism that supports Democracy, political and economic democracy. As a policy regime, it is described by academics as advocating Economic interventionism, economic and social interventions to promote social justice within the framework of a liberal-democratic polity and a capitalist-oriented mixed economy. The protocols and norms used to accomplish this involve a commitment to Representative democracy, representative and participatory democracy, measures for income redistribution, regulation of the economy in the Common good, general interest, and social welfare provisions. Due to longstanding governance by social democratic parties during the post-war consensus and their influence on socioeconomic policy in Northern and Western Europe, social democracy became associated with Keynesianism, the Nordic model, the social-liberal paradigm, and welfare states within po ...
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Plaid Cymru
Plaid Cymru ( ; ; officially Plaid Cymru – the Party of Wales, often referred to simply as Plaid) is a centre-left to left-wing, Welsh nationalist political party in Wales, committed to Welsh independence from the United Kingdom. Plaid was formed in 1925 and won its first seat in the UK Parliament in 1966. The party holds four of 40 Welsh seats in the UK Parliament, 13 of 60 seats in the Senedd, and 203 of 1,231 principal local authority councillors. It is a member of the European Free Alliance. Platform Plaid Cymru's goals as set out in its constitution are: # To promote the constitutional advancement of Wales with a view to attaining independence; # To ensure economic prosperity, social justice and the health of the natural environment, based on decentralist socialism; # To build a national community based on equal citizenship, respect for different traditions and cultures and the equal worth of all individuals, whatever their race, nationality, gender, colour, creed, ...
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Scottish National Party
The Scottish National Party (SNP; sco, Scots National Pairty, gd, Pàrtaidh Nàiseanta na h-Alba ) is a Scottish nationalist and social democratic political party in Scotland. The SNP supports and campaigns for Scottish independence from the United Kingdom and for membership of the European Union, with a platform based on civic nationalism. The SNP is the largest political party in Scotland, where it has the most seats in the Scottish Parliament and 45 out of the 59 Scottish seats in the House of Commons at Westminster, and it is the third-largest political party by membership in the United Kingdom, behind the Labour Party and the Conservative Party. The current Scottish National Party leader, Nicola Sturgeon, has served as First Minister of Scotland since 20 November 2014. Founded in 1934 with the amalgamation of the National Party of Scotland and the Scottish Party, the party has had continuous parliamentary representation in Westminster since Winnie Ewing won th ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ...
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