Word: labour
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Labour's short-term stake in these Scottish seats is large enough to justify his attitude. Along with Wales (where the nationalist party Plaid Cymru has made significant though much smaller inroads on Labour strength), Scotland is the key to any Labour victory. If it were not for its safe seats in Scotland and Wales, Labour would have lost every general election in Britain since...
...able to keep their heads above water any better than large ones in the approaching economic deluge. Unless the Scots are willing to become a sheikdom on the Clyde, a few decades of oil-boom cannot be a substitute for industrial development. Their growing isolationism is reflected in the Labour party's desire to get out of the Common Market. Party leaders feel so strongly about this that they have promised to hold the first binding referendum in British history on the issue if they are elected...
THIS INSISTENCE on withdrawal from the Common Market, along with plans for a wealth tax, are the reasons why trade unions will be able to see their goals--full-scale industrial nationalization and drastic redistribution of wealth--achieved even if a Labour government proves unethusiastic about implementing them. The Labour party has its own share of millionaires and in recent years has become a party with a very large stake in the status quo. But an anti-European Labour government committed to a wealth tax will have an enormous amount of difficulty raising the foreign capital necessary for Britain...
...Labour government will be faced, sooner or later, with the inability of British industry to obtain international credit. The unions expect that the government will then be forced--at bargain prices--to nationalize almost all of British industry. Once industry is in the hands of the state, the power of the old upper and middle classes to oppose efforts to redistribute wealth will be broken...
...same end will be reached, the unions know, if a Conservative government is elected. Then the scenario will go as follows. Conservative wage controls will be resisted by crippling strikes that will further weaken British industry. A Conservative government will find it much easier than a Labour one, of course, to obtain mountains of foreign credits, but the indulgence of foreign bankers will run out eventually. In order to reduce costs some companies will attempt to lay off workers; meanwhile, other firms will go bust under the impact of tactical strikes and the slump. Nationalization of both kinds of companies...