Abstract
At a special conference in April 1995, the Labour Party decided to change Clause IV of its constitution, adopted in 1918 and committing the party to the common ownership of the means of production, distribution and exchange, based on the democratic control of indus-try. In its place, a clause was adopted committing the party to a sense of community and to a dynamic market economy, the sort of economy which since its foundation Labour had regarded with at least a profound mistrust. The adoption of the new clause occurs as relations with the trade union movement, from which it had emerged and from which it has always received the greatest share of its finance, have been weakened to the point where the abolition of the union block vote at conference is discussed. It does appear that the Labour Party is being transformed beyond recognition, in danger of cutting all links with its socialist and labourist past.
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Notes
The two main accounts, apart from some useful anthologies, have been G. D. H. Cole, A History of Socialist Thought, 5 vols (Macmillan, 1953–60) and, before him, Max Beer, History of British Socialism (G. Bell & Sons, 1929). A recent interesting work has been Nicolas Ellison, Egalitarian Thought and Labour Politics: Retreating Visions (Routledge, 1994).
J. M. Keynes, The General Theory of Employment, Interest and Money (Macmillan, 1974 edn) p. 383.
H. M. Drucker, Doctrine and Ethos in the Labour Party (George Allen & Unwin, 1979).
Leo Panitch, Social Democracy and Industrial Militancy: The Labour Party, the Trade Unions and Incomes Policy, 1945–74 (Cambridge University Press, 1976).
Thomas Hodgskin, Labour Defended Against the Claims of Capital (Labour Publishing Co., 1922 edn) p. 89.
Karl Marx, Theories of Surplus Value, Part iii (Lawrence & Wishart, 1972 edn) p. 296.
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© 1997 Geoffrey Foote
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Foote, G. (1997). Introduction. In: The Labour Party’s Political Thought. Palgrave Macmillan, London. https://doi.org/10.1057/9780230377479_1
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DOI: https://doi.org/10.1057/9780230377479_1
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