Unit 20: Britain, 1950-1990 - Decline of Social Democracy
This Unit aims to
- Continue on from Unit 19, following the economic and political scene in Britain after the Second World War.
- Investigate the failure of Keynesian demand management.
- Examine the post-war shop stewards movement.
- Look at the decline of the Communist Party and the emergence
- of the ‘new left’ and rank and file movement.
- Chart the onslaught of Thatcherism on the working class.
Terms and abbreviations
Keynesian Economics: An economic theory advocating government intervention, or demand side management of the economy, to achieve full employment and stable prices.
Macro-economic: The performance of the overall economy, inflation, unemployment, and industrial production.