POLI 212-march 10

POLI 212-march 10 - POLI 212 11:34:00 AM Post-war...

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POLI 212- March 10, 2008 10/03/2008 10:34:00 Post-war settlement Britain -distinctive problem: centered on how the economy is managed. The role of trade  unions in the politically economy of GB. Who governs (in late 60s/70s): the party in  power, or trade unions? -the politics of labor: -the labor party has a connection to the trade party movement; formed out of an  existing party at turn of the century, working class activists who up to that point had  been Liberal—when it emerges in 20s, does so out of sense the Liberals don’t have  space for the concerns and interests of the working class; strong connection to trade  union movement in the economy—reflected in the way programs and policies are  formed in the labor party -party programs are formed in annual party conferences, and those are  dominated by trade union members -important element of the post-war settlement: British collectivism—a way of  doing politics emerges that minimizes differences between Conservative and Labor  parties; modern elements of both parties converged, especially on how to manage the  economy -further, the economic doctrine they (conservatives and labor party) converged  around was Keynesian—an attempt to secure the goal of full employment; the economy  is naturally unstable and the role of government is to intervene in ways that reduce the  natural fluctuations of the private economy (in order to maintain commitment to full  economy); manage consumption and demand in the economy -problem with Keynesian model: no mechanism by which to put in place both full  employment and relatively low inflation; no way to control inflation—relies on wage  restraint or incomes policy -whoever is in power in 50s and 60s thinks Keynesian model is best for British 
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This note was uploaded on 04/17/2008 for the course POLI 212 taught by Professor Meadwell during the Winter '08 term at McGill.

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POLI 212-march 10 - POLI 212 11:34:00 AM Post-war...

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