Old Labour New Labour

Watch the video link Blair's Victory as New Labour 1997 He almost seems to be

celebrating a victory over 'old Labour as much as the Conservatives.

Old Labour (social democracy)

key Old Labour principles: nationalisation, redistribution of wealth from rich to poor and the provision of continually improving welfare and state services — an approach which largely rejected the more free market

approach associated with Thatcherism or New Labour.

New Labour (Third Way) a revision of traditional 'Old Labour' values and ideas, involving a shift in emphasis from a heavy focus on the working class to a wider class base, and a less close relationship with the trade unions and more acceptance of market forces.