Word: laborism
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Dates: during 1940-1949
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...doctrines of the Left, with their teaching that the ordinary man can make less effort to produce and yet consume more, have, in the hands of both [the Conservative and Labor] parties, contributed to [the crisis] . . . The Labor Government, as the bearers of responsibility, are very much to blame for their stubbornness in refusing to remit anything of their plans . . . It is not enough for a self-respecting Government merely to say that its opponents would have been no better ... In Britain courage pays political dividends. Those politicians who refuse to prolong the rosy illusions . . . and tell the people soberly...
Five Percent? There were signs last week that Britain's Labor leaders were shedding their no longer very rosy illusions. With a general election ahead, it would not be easy for Prime Minister Clement Attlee to call for a temporary retreat in the drive to establish the welfare state. But such a retreat was plainly under...
...Labor slogan was "retrenchment." It would mean a halt to further expansion and perhaps a cutback in social services, wage freezing and other painful economic measures, all designed to strengthen British competitive power in the dollar market. What retrenchment really added up to was an attempt to inject a strong dose of competition and incentive into an increasingly security-minded Britain...
Such economies would bring on personnel dismissals, temporary unemployment and a grave risk for Labor's political prestige. "What of it?" snapped one harassed party chief last week. "It's got to be done. We've got to take the risk...
...Harder work and more efficient methods, regardless of temporary joblessness and other burdens on labor, must precede any improvement in the standard of living...