July 22, 2015

THE THIRD WAY IS THE ONLY WAY:

From reactionary revolution to consolidation: 11 February 1975 to 7 May 2015 (EDWARD WILSON 23 July 2015, OpenDemocracy)

On 11 February 1975 the Conservative Party torpedoed Butskellism, just as irrevocably as their newly elected leader torpedoed the Belgrano seven years later. Butskellism was a cross party-consensus that took its name from the moderate Conservative Chancellor, Rab Butler, and his Labour Shadow, Hugh Gaitskell. The consensus accepted that the reforms of the post-war Labour government - the NHS, public ownership of utilities and social security - would remain in place despite tweaking to the left or right by whichever party was in power. The Monday Club ambush from the right that deposed Edward Heath changed Britain forever. [...]

The forty years since Thatcher became leader of the Conservative Party have largely been a mopping up exercise by the free market fundamentalists, the deregulators and the privatisers. Butskellism has been replaced by Blatcherism. The result of the election on 7 May has given the green light for imposing the same economic model on Britain that the 'Chicago Boys' imposed on Pinochet's Chile between 1975 and 1990.



Posted by at July 22, 2015 9:03 PM
  

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