Labour

• The Labour party was established in 1900
• Old Labour Policies

  • Nationalisation
  • redistributive taxation
  • supporting an extensive welfare state
  • fostering close links with the trade union
• In 1948, Aneurin Bevan introduced the NHS
• During Atlee's government 20% of the economy was nationalised
• New Labour


  has a left-wing commitment to social justice but a right-wing emphasis on the value of free-market in encouraging economic prosperoty
• In 1997, Blair introduced the national minimum wage