One Nation Vs Thatcherite Con Flashcards
(4 cards)
Intro
ON= paternalism, pragmatism and consensus. NOBLESS OBLIGE
T= neoliberal and neocon
Economic policy
Thatcherism have been incredibly visible in its economic policy with free market economics and private enterprise - economic individualism Thatcher top rate of tax cut from 83% to 40% in her last budget. Coop tax decreased from 52% to 34%, promote individualism and economic growth. Replace Keynesian econ
Truss ‘wannabe thatcher’ in 2022- her mini budget attempted to cut taxes sig and abolish top rate of income tax. Sunak = ‘sick note’ culture said that disability benefits are overly generous
Less nobless olige and paternalism. Individualism over collectivism, private sector over public sector.
Ca- sunak see in the context of fixing the damages caused by truss’ attempted Thatcherite reform
E.g he increased business tax from 19% to 25% in 2023 to bring down inflation.
FP
‘Iron lady’ developed strong relationships with Reagan
2024 uk £2.5 billion to Ukraine, one of the largest providers of military aid
Bademoch supported lab policy of increasing defence budget to 2.5% of gdp by 2027
ON- pragmatic intervention, diplomacy using NATO and open to immigration
Ca- con party very strong anti-immigration polic. Rwanda immigration policy formalised. Thatcher wasn’t strongly opposed to it
Social reforms
Continued to strengthen the nhs, budget will go up by £33.9 bn by 2023-24, biggest cash boost in history mirrors social liberalism and noblesse oblige and paternalism
Over 1 mil nhs staff are getting a pay rise of at least 6.5%
CA- led by Thatcherism = cam wanted to continue to privatise parts of the nhs, 40% of nhs deals signed have gone to private companies. Aril 2021, bj was accused of corruption and using the Covid crisis to sell off parts of the nhs by stealth