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The post-war consensus, sometimes called the post-war compromise, was the economic order and social model of which the major political parties in post-war Britain shared a consensus supporting view, from the end of World War II in 1945 to the late-1970s.
The post-war consensus is a historians' model of political agreement from 1945 to 1979, when newly elected Prime Minister Margaret Thatcher rejected and reversed it. [59] The concept claims there was a widespread consensus that covered support for a coherent package of policies that were developed in the 1930s, promised during the Second World ...
A post-war or postwar period is the interval immediately following the end of a war. The term usually refers to a varying period of time after World War II , which ended in 1945. A post-war period can become an interwar period or interbellum, when a war between the same parties resumes at a later date (such as the period between World War I and ...
The post-war military cost £200 million a year, to put 1.3 million men (and a few thousand women) in uniform, keep operational combat fleets stationed in the Atlantic, the Mediterranean, and the Indian Ocean as well as Hong Kong, fund bases across the globe, as well as 120 full Royal Air Force squadrons. [15]
Addison's argument was that the "post-war consensus" reflected an ideological convergence which had occurred during the Second World War itself. He consisted that both Conservative and Labour parties had broadly converged on the need for a managed economy , limited nationalisation , and a welfare state in this period.
Liberal consensus may refer to: Embedded liberalism – post World War II international ambitions to combine free market and social policies; Liberal consensus – the post World War II consensus in American politics; Post-war consensus – the post World War II consensus in United Kingdom politics
This was especially the case in Britain and was called the post-war consensus, with a similar though somewhat less Keynesian consensus existing elsewhere, including in the United States. [ 27 ] Marxist scholars tend to broadly agree with the mainstream view, though they emphasise embedded liberalism as a compromise between class interests ...
The Washington Consensus is a set of standardized policy prescriptions often associated with neoliberalism that were developed by the International Monetary Fund (IMF), the World Bank, and the US Department of Treasury for crisis-wracked developing countries.