Butskellism

E632380

Butskellism was a mid-20th-century British political consensus in which the major parties broadly agreed on a mixed economy, welfare state, and Keynesian economic management.

All labels observed (1)

Label Occurrences
Butskellism canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf economic policy consensus ⓘ
political consensus ⓘ
aimedAt economic stability ⓘ
full employment ⓘ
social cohesion ⓘ
appliesTo Conservative Party (UK) ⓘ
Labour Party (UK) ⓘ
appliesToPeriod mid-20th century ⓘ
basedOn Keynesian economics ⓘ
characteristic acceptance of nationalisation of key industries ⓘ
acceptance of trade unions as economic actors ⓘ
broad agreement between Conservative and Labour parties ⓘ
state intervention to manage demand ⓘ
support for full employment ⓘ
support for progressive taxation ⓘ
support for social security ⓘ
support for the National Health Service ⓘ
use of fiscal policy for economic stabilisation ⓘ
coinageYear 1954 ⓘ
country United Kingdom ⓘ
describedAs post-war economic consensus ⓘ
describedBySource The Economist ⓘ
endTime late 1960s ⓘ
field British politics ⓘ
macroeconomic policy ⓘ
hasComponent Keynesian economic management ⓘ
mixed economy ⓘ
welfare state ⓘ
hasCriticism alleged complacency about inflation ⓘ
blurring of ideological distinctions between parties ⓘ
insufficient attention to productivity growth ⓘ
hasDebate extent of party differences in economic policy ⓘ
historicalContext Cold War era ⓘ
linked to: Cold War

post-World War II reconstruction ⓘ
ideology post-war consensus ⓘ
influencedBy Beveridge Report ⓘ
wartime economic planning in the UK ⓘ
language English term ⓘ
namedAfter Hugh Gaitskell ⓘ
R. A. Butler ⓘ
opposedBy Thatcherism ⓘ
politicalPosition centrist ⓘ
moderate ⓘ
portmanteauOf Butler ⓘ
Gaitskell ⓘ
replacedBy Thatcherism ⓘ
startTime late 1940s ⓘ
usedAs somewhat humorous label ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

post-war Britain → hasPart → Butskellism ⓘ