Wednesday, March 4, 2009

Winter of Discontent?


The phrase “Winter of Discontent” itself is derived from the opening line of William Shakespeare’s Richard III
“Now is the Winter of our Discontent / Made glorious summer by this sun of York…",
and was popularly applied to the events of the British winter of 1978-1979 by the then editor of The Sun, Larry Lamb in an editorial.
This phrase "Winter of Discontent" was used to describe this time, during which there were widespread strikes by trade unions demanding larger pay raises for their members, and the government of James Callaghan struggled to cope. Much of the basis of Callaghan's Labour Party was that it represented the unions in parliament.
The strikes were a result of the failed socialist ecomomic principals of the Labour government's rule that caused problems including various food shortages and widespread and frequent power outages. Wilst the strikes were largely over by February 1979, the government's inability to contain the strikes earlier helped lead to Margaret Thatcher’s Conservative party victory in the 1979 general election. Thatcher entered 10 Downing Street with a mandate to reverse the UK's economic decline. Her political philosophy and economic policies emphasised reduced state intervention, free markets and entrepreneurialism.
Is the United States and by extension the entire world currently in another “Winter of Discontent”? Will our Conservative Party likewise come to our aid during this time of great need?

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