To What Extenet Has the Labour Party Abandoned Its Socialist Routes?

Topics: Socialism, Labour Party, Capitalism Pages: 4 (1437 words) Published: April 17, 2013
To What Extent has the Labour Party abandoned its socialist routes? The definition of socialism is ‘An economic, social and political doctrine which expresses the struggle for the equal distribution of wealth by eliminating private property and the exploitative ruling class’. In some ways it could be said that New Labour hasn’t abandoned its socialist routes. For example, New Labour’s idea of a minimum wage very much bares a socialist style of view, as this is seen as fair, equal and is a redistribution of income. The old Labour party very much believed in the redistribution of wealth, as this was seen as helping out the less fortunate people of Britain. In early November 2012, Mr. Miliband stepped forward in support of a rise in the minimum wage, to what he calls the “living wage” New Labour still share many of the same ideas that old Labour once believed. For example, old Labour believed that everyone in the country should work together and should forget about social classes, and new Labour believes that poverty gaps should be smaller, and classes should work together. The idea of Ed Miliband taking the Disraeli slogan “One Nation” shows a real reversion back to the old ways of typical socialism, and the idea that Britain will be united. It is in conventional terms this is about being more left wing than Tony Blair - keener on taxes and regulation whilst more hostile to the private sector. Also, new and old Labour both believe in public expenditure on a large scale. This is to give the nation equal opportunities and the best possible standards of living, arguing the point of new Labour still sticking to its socialist routes. Old Labour believed that taxation should be high on the rich people of the country, as they have more money to give to the country to benefit the less affluent citizens of Britain. New Labour believes in less radical taxation, however stealth taxes are used to also benefit the country as well as the rise to the 50% taxation for anyone...
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