The Third Way has been enthusiastic when it comes to capitalism. The remaining shards of socialism however, can be seen within New Labour slightly - for they are not afraid to intervene in the economy, should the economy face crisis. Put simply, under 'old Labour' capitalism was controlled by the state, whereas with New Labour, capitalism is allowed to flourish to an extent. Although, ‘New Labour’ increased levels of spending upon health and education shows the party still has a commitment to social justice and the welfare state. However, welfare benefits are not universal as they were under
Many would argue that the 1832 Reform Act did transfer some degree of power and freedom to the middle classes of England. Firstly, it is evident that the principal result of the reform act was that the middle classes who earned over $10 were able to vote due to the uniform qualification. Clearly, by giving the majority of the middle classes the vote this gave them a substantial degree of power similar to the rich landed gentry, as well as some level of independence. Additionally, other positive evidence outlining the transference of power is that the reform act resulted in numerous seats of parliament being redistributed to sizeable industrial cities such as Manchester or Leeds that were previously unrepresented. The fact that these large vital conurbations were now embodied in parliament gave the middle classes present to be able to make choices without the aristocracy dictating the results.
However, due to the industrial revolution, factory owners and those involved with business had the new wealth of Britain. This new wealthy middle class wanted a say in the running of the country, they argued that because they created a lot of the country’s wealth that they deserved a say in how the country is run. The working class was becoming more politically aware. This ways due to the development of the railways giving them access to political awareness. They thought that as the wealth creators of Britain that they also deserved a say in British politics.
Moreover, it prevented the currency in being a commodity, and stabilized the value of medium of exchange. The standardization of currency simplified trade procedures, reduced confusions, hence encouraged foreign investment in China. The building of infrastructure also improved China’s economy in economic terms. Railways and roads were expanded in order to improve accessibility of China. From 1931 to 1937, railways with an average of 700 miles were added in China each year.
Two examples that make this clear are the vast amount of broadsheets, pamphlets and even cartoons, for those who were illiterate that were distributed quickly, significantly contributing to the success of the Reformation, and the way reformers such as Luther and Calvin were not able to be suppressed by the church in the same quick to act manner as it had done with heretics in a pre-Gutenberg Press era. Due to an extension of literacy among laypeople and the reliance of record keeping in government, cheaper and more efficient ways of writing were sought after in the west. Replacements for both expensive parchment and skilled scribes, who in their small numbers began to command increasingly high salaries. Western Europe began to import paper from the East and finally a reduction in costs was achieved. The next phase of trying to find a new and more cost effective way to print was trial and error, including printed books via woodcuts, however as each page needed its own woodcut this was only marginally better than using a scribe.
Stalin expected agricultural yield to increase due to a higher efficiency, mechanisation and a greater work incentive, he also believed that mechanisation would decrease the need for farm labour, increasing the number of proletariats in the city. Collectivisation was both a success and failure. Collectivisation was a success because it achieved one of its initial aims, state procurement for grain increased from 11 million tonnes in 1928 to 23 million tonnes in 1933, because of this proletariats could be fed and supplied with grain. This was vital for communism to succeed as the proletariats were needed for the factories and industrialisation. The increase in state procurement also meant that exports of grain increased.
Imports and exports rose greatly according to Source A- Imports and Exports 1700-1900. Source D shows a new railway in India 1880s if Britain didn’t take over these countries they wouldn’t have new technologies such as the railway spreading British ideas and inventions. Overall the British Empire improved Britain by spreading its values, keeping the economy going, showing off how modern and advanced Britain was, creating jobs and increasing trade, money and power. On the other hand it could be said that having an empire didn’t make Britain great because of Britons attitude. They considered non white people to be lower than them.
Taking Sides: Is Bigger Government Better Government? Introduction to American Politics, Professor J. Carter Written by Adam Raymond In “Taking Sides, Issue 3”, humanities professor Jeff Madrick surveyed the numerous government interventions in the economy since the end of World War II and concluded that they have been essential to America's growth and well being. ““Bigger government could create more jobs and more money in additional sales, and has also had a positive effect on the education system.” Madrick continues: “Better education leads to less crime, less need for special education programs, and less need for welfare.” Madrick believes that government regulation can “make economies work better...reduce corruption, monopolistic pricing...[they] can temper financial speculation which distorts the flow of capital toward inefficient uses” (p.42). “When done well, regulation keeps competition honest and free, enables customers to know and understand the products they receive, and foster new ideas” (p.43).” Madrick continues to summarize many other points, stating, “Government is needed to make some things a standard across the board”, such as public water system, railroads, and the highway system. He continues by stating the National Institute of Health has been expanded due to government backing that “accounted for high proportion of medical breakthroughs.” He further illustrates this point citing the Department of Defense, and how Federal money in the 1960s eventually helped create things like the internet.
The introduction of the rentenmark greatly improved Germany’s economical stability as it helped solve the inflation crisis. As economical stability can be recognised through low inflation, by solving the issue Germany’s currency now had a value again so they could use it to stimulate a growth in economy and the German people were no longer living in poverty. The loans that Germany received helped them solve many of their issues both political and economical. With the new loans Germany was able to start to rebuild the country and start trading again to achieve money for the economy. It also meant that they could pay Britain and France their reparations and this helped
Explain why Liberal Reforms were successful in appealing to the working class? From the emergence of new Liberalism after Gladstone, the concern for a healthier workforce and the strive to get more votes from the working class, the Liberals had to pass certain reforms that appealed to people like children, workers, sick and elderly. These reforms were overall very successful, as they were start of collectivism in our society and an end to the laissez faire attitude that the government once had. Liberals were very successful in achieving a significant degree of social change in Britain and paved the way for the establishment of a welfare state. The competition with other countries like America and Germany influenced our politicians to look deeper into the society and solve the social and economic issues that weakened our nation.