Word: callaghan
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Dates: during 1970-1979
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...University Historian Rosario Romeo puts it, "Everyone imagines socialism in his own way." To Senegal's President Léopold Senghor, socialism is "the rational organization of human society according to the most scientific, the most modern and the most efficient methods." To Britain's Labor Prime Minister James Callaghan, it is "a society based on cooperation instead of competition." France's Mitterrand calls it "an élan, a collective movement ?the communion of men in search of justice." In a more colloquial vein, a current hit song in Jamaica, pulsating with reggae beat, teaches: "Socialism is love for your...
...change. Less than a year ago the Tories were running 21% ahead of Labor in the polls, and Conservative Leader Thatcher was the odds-on favorite to become her country's first woman Prime Minister. Now the two parties are in a dead heat, and Prime Minister James Callaghan is more popular than his party while Thatcher lags behind hers...
...Callaghan's main accomplishment has been to turn the economy around, a feat that was aided by both the expected gush of North Sea oil and his success in holding the line on wages. According to Gallup, the electorate now believes that Labor can do a better job than the Conservatives in controlling inflation. Even such a stalwart establishment organ as the Financial Times praised Callaghan for giving Britain "almost as good a conservative government as we are likely...
...million). Thatcher's statement touched off an uproar in Parliament. Labor members shouted "Racist!" There was some dismay in the Conservatives' shadow cabinet, whose members had not been consulted about the declaration, but other Tories applauded her stand, gleefully dubbing her "Thatcher, the Vote Snatcher." Callaghan accused her of "opportunism," while one Cabinet member despaired: "I have no doubt that race can win the election...
...Callaghan has plenty to fight back with. Last week the Prime Minister reaped a substantial political bonanza with some favorable economic news. Britain's mine workers agreed to go along with the government's 10% limit on wage increases; the pound, already surging, rose another half a cent; and key Labor economists projected a drop in the inflation rate (13% in November) to 7% by July. One pollster believes that the party may also pick up a large block of new votes in the next election from the traditionally apolitical Asian immigrants. His prediction: "They are going...