Political Parties

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Last updated 12:04 PM on 11/13/24
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16 Terms

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Old Labour

The traditional position of the Labour Party, supporting nationalisation of industries for full employment and national self-sufficiency.

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Social Democracy

A political ideology associated with centre-left policies advocating social justice within a mixed economy.

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Nationalisation

The process of transferring ownership of a business or industry from private owners to the state.

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New Labour

A more centrist iteration of the Labour Party created by Tony Blair, focusing on privatization and a free market economy.

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Privatisation

The transfer of ownership of a business from the public sector to private individuals.

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Centre-Right

A political ideology that supports free market economics, low taxation, and minimal regulation.

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Left Wing

Politically associated with socialist ideologies that advocate for high taxation to fund public services and progressive social views.

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One Nation Conservatism

A conservative philosophy aimed at promoting social cohesion and ensuring economic equality.

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New Right

A term referring to a political movement associated with Margaret Thatcher, emphasizing free market economics and social conservatism.

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Traditional Social Views

Beliefs that uphold conventional values and standards, often resisting progressive social change.

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High Taxation

A fiscal policy approach associated with left-leaning politics aiming to fund public services and reduce inequality.

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Military Intervention

The act of a nation using its military forces to intervene in conflicts or situations in other countries.

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Humanitarian Intervention

The use of military force to protect human rights and prevent suffering in another country.

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Progressive Taxation

A tax system in which the tax rate increases as the taxable amount increases.

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Free Market Economy

An economic system where prices are determined by unrestricted competition between privately owned businesses.

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Social Conservatism

A political ideology that promotes preserving traditional values and norms, particularly in social policy.

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