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Thatcherist
Thatcherism is a form of British conservative ideology named after Conservative Party leader Margaret Thatcher that relates to not just her political platform and particular policies but also her personal character and general style of management while in office. Proponents of Thatcherism are referred to as Thatcherites. The term has been used to describe the principles of the British government under Thatcher from the 1979 general election to her resignation in 1990, but it also receives use in describing administrative efforts continuing into the Conservative governments under statesmen John Major and David Cameron throughout the 1990s and 2010s. In international terms, Thatcherites have been described as a part of the general socio-economic movement known as neoliberalism, with different countries besides the United Kingdom (such as the United States) sharing similar policies around expansionary capitalism. Thatcherism represents a systematic, decisive rejection and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Premiership Of Margaret Thatcher
Margaret Thatcher's term as the prime minister of the United Kingdom began on 4 May 1979 when she accepted an invitation of Queen Elizabeth II to form a government, and ended on 28 November 1990 upon her resignation. She was elected to the position in 1979, having led the Conservative Party since 1975, and won landslide re-elections in 1983 and 1987. She gained intense media attention as Britain's first female prime minister, and was the longest-serving British prime minister of the 20th century. Her premiership ended when she withdrew from the 1990 Conservative leadership election. In domestic policy, Thatcher implemented sweeping reforms concerning the affairs of the economy, eventually including the privatisation of most nationalised industries, as well as weakening of trade unions. She emphasised reducing the government's role and letting the marketplace decide in terms of the neoliberal ideas pioneered by Milton Friedman and Friedrich Hayek, promoted by her mentor Ke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservatism In The United Kingdom
Conservatism in the United Kingdom is related to its counterparts in other Western nations, but has a distinct tradition and has encompassed a wide range of theories over the decades of conservatism. The Conservative Party, which forms the mainstream centre-right party in Britain, has developed many different internal factions and ideologies. History Edmund Burke Edmund Burke is often considered the father of modern English conservatism in the English-speaking world. Burke was a member of a conservative faction of the Whig party;However, Burke lived before the terms "conservative" and "liberal" were used to describe political ideologies, and he dubbed his faction the "Old Whigs". cf. J. C. D. Clark, ''English Society, 1660–1832'' (Cambridge University Press, 2000), p. 5, p. 301. the modern Conservative Party however has been described by Lord Norton of Louth as "the heir, and in some measure the continuation, of the old Tory Party", and the Conservatives are often still re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulated Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially-owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Labour
New Labour was a period in the history of the British Labour Party from the mid to late 1990s until 2010 under the leadership of Tony Blair and Gordon Brown. The name dates from a conference slogan first used by the party in 1994, later seen in a draft manifesto which was published in 1996 and titled ''New Labour, New Life for Britain''. It was presented as the brand of a newly reformed party that had altered Clause IV and endorsed market economics. The branding was extensively used while the party was in government between 1997 and 2010. New Labour was influenced by the political thinking of Anthony Crosland and the leadership of Blair and Brown as well as Peter Mandelson and Alastair Campbell's media campaigning. The political philosophy of New Labour was influenced by the party's development of Anthony Giddens' Third Way which attempted to provide a synthesis between capitalism and socialism. Mark Bevir argues that another motivation for the creation of New Labour was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of the Opposition from 1994 to 1997, and had served in various shadow cabinet posts from 1987 to 1994. Blair was the Member of Parliament (MP) for Sedgefield from 1983 to 2007. He is the second longest serving prime minister in modern history after Margaret Thatcher, and is the longest serving Labour politician to have held the office. Blair attended the independent school Fettes College, and studied law at St John's College, Oxford, where he became a barrister. He became involved in Labour politics and was elected to the House of Commons in 1983 for the Sedgefield constituency in County Durham. As a backbencher, Blair supported moving the party to the political centre of British politics. He was appointed to Neil Kinnock's shadow cabin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over '' The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1987 United Kingdom General Election
The 1987 United Kingdom general election was held on Thursday, 11 June 1987, to elect 650 members to the House of Commons. The election was the third consecutive general election victory for the Conservative Party, and second landslide under the leadership of Margaret Thatcher, who became the first Prime Minister since the Earl of Liverpool in 1820 to lead a party into three successive electoral victories. The Conservatives ran a campaign focusing on lower taxes, a strong economy and strong defence. They also emphasised that unemployment had just fallen below the 3 million mark for the first time since 1981, and inflation was standing at 4%, its lowest level since the 1960s. National newspapers also continued to largely back the Conservative Government, particularly '' The Sun'', which ran anti-Labour articles with headlines such as "Why I'm backing Kinnock, by Stalin". The Labour Party, led by Neil Kinnock following Michael Foot's resignation in the aftermath of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solihull
Solihull (, or ) is a market town and the administrative centre of the wider Metropolitan Borough of Solihull in West Midlands County, England. The town had a population of 126,577 at the 2021 Census. Solihull is situated on the River Blythe in the Forest of Arden area. Solihull's wider borough had a population of 216,240 at the 2021 Census. Solihull itself is mostly urban; however, the larger borough is rural in character, with many outlying villages, and three quarters of the borough is designated as green belt. The town and its borough, which has been part of Warwickshire for most of its history, has roots dating back to the 1st century BC, and was further formally established during the medieval era. Today the town is famed as, amongst other things, the birthplace of the Land Rover car marque, the home of the British equestrian eventing team and is considered to be one of the most prosperous areas in the UK. History Toponymy Solihull's name is commonly thought to have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Nationalism
British nationalism asserts that the British are a nation and promotes the cultural unity of Britons,Guntram H. Herb, David H. Kaplan. Nations and Nationalism: A Global Historical Overview: A Global Historical Overview. Santa Barbara, California, USA: ABC-CLIO, 2008. in a definition of Britishness that may include people of English, Scottish, Welsh and Northern Irish descent. British nationalism is closely associated with British unionism, which seeks to uphold the political union that is the United Kingdom, or strengthen the links between the countries of the United Kingdom.. History British nationalism's unifying identity was developed by the ancient Britons who dwelt on the island of Great Britain. British nationalism grew to include people outside Great Britain, in Ireland, because of the 1542 Crown of Ireland Act, which declared that the crown of Ireland was to be held by the ruling monarch of England as well as Anglo-Irish calls for unity with Britain. Modern British ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Cut
A tax cut represents a decrease in the amount of money taken from taxpayers to go towards government revenue. Tax cuts decrease the revenue of the government and increase the disposable income of taxpayers. Tax cuts usually refer to reductions in the percentage of tax paid on income, goods and services. As they leave consumers with more disposable income, tax cuts are an example of an expansionary fiscal policy. Tax cuts also include reduction in tax in other ways, such as tax credit, deductions and loopholes. How a tax cut affects the economy depends on which tax is cut. Policies that increase disposable income for lower- and middle-income households are more likely to increase overall consumption and "hence stimulate the economy". Tax cuts in isolation boost the economy because they increase government borrowing. However, they are often accompanied by spending cuts or changes in monetary policy that can offset their stimulative effects. Types Tax cuts are typically cuts in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Spending
Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure. Government acquisition of goods and services intended to create future benefits, such as infrastructure investment or research spending, is classed as government investment (government gross capital formation). These two types of government spending, on final consumption and on gross capital formation, together constitute one of the major components of gross domestic product. Government spending can be financed by government borrowing, taxes, custom duties, the sale or lease of natural resources, and various fees like national park entry fees or licensing fees. When Governments choose to borrow money, they have to pay interest on the money bor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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