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Old labour were a socialist party, whereas the theory of communism stipulates that the "state" will after time be eradicated socialism and Old Labour fervently believes that the state is a necessity within the system of government. They believed in a significant reduction in economic equality through progressive taxation, state ownership, unemployment as a far greater evil than inflation, an intimate link with the unions, constitutional change as relatively unimportant and perhaps most importantly it is better to lose elections than lose ones principles .
New Labour has a centrist belief system originating from Neil Kinnocks and Michael Foot's reinvention of the Labour Party. Tony Blair christened 'New Labour' with the political doctrine of the third way, this involves a compromise between social democracy and classical liberalism, ultimately creating a mesh of political ideas. It favors a public/private mix in industry- look up Labour's Clause IV- New labour believes in equality of opportunity regardless of outcome (Emily's List-notable, minimum wage), that on balance, inflation is a greater evil that unemployment, unions should be kept at an arms length, business interests should be courted, that consitutional change is important (Note- Good Friday Agreement-(98), Wales/Scottish Devolution(97), Elected Mayors (98), Regional Assembly for North-East (2004)
Ultimately though New Labour are willing to put aside 'principles' in the attempt to winning elections. Note in exam comment on the shift back to Old Labour - 50% Tax on 150,000 very very Old Labour, Nationalization of Banks.
Wiki User
∙ 14y ago
Wiki User
∙ 10y agothe key differences between new and old labor party
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What is the difference between the old broadsheet and the new broadsheet?
The difference is that one of them is old and the other one new.
What is the difference between a old and new strand of DNA?
old is broken but new is not
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one is new and one is old.
What is the difference between new and old DNA strands?
old is broken but new is not
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what is the difference between old tmples and new temples
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old art is old. new art is new.
What is the difference between new organization and old organization?
The difference between a new organization and an old organization is simple. An old organization has just been a round longer than a new organization.
What are the differences between old and new irrigation methods?
t are the difference between old and new irrigation method
What is the difference between new and old mountain ranges?
Old mountain ranges are typically eroded and rounded due to millions of years of exposure to weathering and geological processes. New mountain ranges have sharper peaks and rugged terrain due to more recent tectonic activity, such as the collision of Earth's tectonic plates or volcanic activity.
What is the difference between old TV and new TV?
one is new and one is old.
What is the difference between an old keyboard and a new one?
no
What is difference between old pathway and new pathway in brain?
The old pathway in the brain refers to well-established neural connections and habits, while the new pathway refers to forming new connections through learning and adaptation. The old pathway is efficient but can lead to automatic responses, while the new pathway allows for flexibility and personal growth. Stimulating the new pathway can help break free from old patterns and create new ways of thinking and behaving.
