HIST 2F20 Lecture 22: HIST 2F20 Lecture 22 Part 2 (Mar 20)
Document Summary
Hist 2f20 lecture 22 continued: the post war welfare state. 5 july 1945: 72. 8% voter turnout, labour comes to power. New emphasis on social good and welfare of the people. Spirit of regeneration and rebirth in this new labour. Labour is on the far left of social welfare. Process by which industry or utility was operated by a public corporation. Purpose was public service rather than private profit (which fits into left wing - involved: government-owned corporation rather than government department national industries) Aviation (1946: british overseas airways corporation (boac, british european airways (bea) Curb the power of nationalist stock holders. Enhanced ability of government to counter ups and downs of economy. But 80% of british economy remained in private hands. And made little differences in short run in terms of national economic success. National insurance & the national health service: another labour policy dramatically changed the lives of britons, national insurance (ni) and national health service (nhs)
