You might think that British socialists have cause for rejoicing, given the 1997 landslide Labour victory and the end of nearly two decades of corrupt, divisive, and morally repugnant Conservative rule. However, there are clear signs already that the Blair ‘administration’ – note the shift to U.S. policyspeak – is in the process of dumping what little remained of its socialist values and principles. On a whole range of issues – taxation, education, social welfare, health care, union laws, market deregulation, the supply of British arms to repressive regimes – it is now plain to see that the government has decided to adopt the maxim ‘business as before’, with just a few minor face-saving adjustments. What we are getting, for the most part, is a fashionable strain of communitarian talk (‘social markets’, ‘ethical investment’, ‘welfare to work’, ‘tough on crime and on the causes of crime’, etc.) as a cover for policies that have scarcely changed since the heyday of Thatcherite orthodoxy.
Language, Truth and Politics
Political Rhetoric around Capitalism in Britain from the 1970s to the Present
article and a speech to the Social Market Foundation, twice on each occasion. 69 In December, meanwhile, the influential Conservative MP Jesse Norman published a pamphlet in which he contrasted “real capitalism” with what he called “crony capitalism
Ferenc Bódi, Jenő Zsolt Farkas, and Péter Róbert
capitalism. While S4 countries can be regarded as examples of the “social welfare system” ( Esping-Andersen 1990 ), V4 countries turned toward a social market economic approach after a regime change that is not as liberal as in the Baltic States but can be