Essay On New Labour Nationalisation

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policy to that of the Thatcher governments, such as increased privatisation, reduced public spending, an acceptance of the free market, and a departure from traditional Labour policies such as nationalisation and interventionist economics. It will also be the case that these changes were made for electoral purposes, due to the legacy of the Thatcher government, which changed the voting preferences of the electorate, and not due to globalisation, and hence we will not see the same reaction across a great number of other countries.
Let us first consider New Labour’s attitude to nationalisation; an important aspect of New Labour's change in economic policy is their abandonment of the original Clause IV of Labour's constitution, which declared that Labour aimed "To secure for the workers by hand or by brain the full fruits of their industry and the most equitable distribution thereof that may be possible upon the basis of the common ownership of the means of
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Leggett shares this view, “a core Third Way assumption is of class and partisan dealignment amongst the electorate…The electoral strategy which follows from these preconditions was captured in the 1960s by Otto Kircheimer’s ideal-type of the ‘catch-all’ party. The elements of this ideal-type are evident in the development of New Labour. Firstly, Kircheimer identified the explicit dropping of ideological baggage. This was symbolised by New Labour’s infamous rewriting of Clause IV of its constitution.” . Curtice concurs, suggesting that ‘ideologically the party moved to the right, symbolised by the abolition in 1995 of Clause IV of its constitution.’ This argument is weakened, however, if we are to consider polling data; a study by independent

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