Post-war consensus
(Redirected from Consensus)
Period in British political history.
- Began: After 1945.
- Ended: in 1979. Or, as some historians argue, it petered out during Britain's economic decline in the late 1960s and 1970s.
- Who: Labour Party, Conservative Party
- What: Shared idea of employment and prosperity for everybody (and the government's responsibility for these aims)
- How: Mixed economy (a market economy with private enterprises, but also a strong public sector). Keynesianism (demand management through management of government spending). Welfare state (e.g. National Health Service).