Welfare reformWelfare reforms are changes in the operation of a given welfare system, with the goals of reducing the number of individuals dependent on government assistance, keeping the welfare systems affordable, and assisting recipients to become self-sufficient. Classical liberals, libertarians, and conservatives generally argue that welfare and other tax-funded services reduce incentives to work, exacerbate the free-rider problem, and intensify poverty.
OrdoliberalismOrdoliberalism is the German variant of economic liberalism that emphasizes the need for government to ensure that the free market produces results close to its theoretical potential but does not advocate for a welfare state. Ordoliberal ideals became the foundation of the creation of the post-World War II German social market economy and its attendant Wirtschaftswunder. The term "ordoliberalism" (Ordoliberalismus) was coined in 1950 by Hero Moeller, and refers to the academic journal ORDO.
Premiership of Tony BlairTony Blair's term as the prime minister of the United Kingdom began on 2 May 1997 when he accepted an invitation of Queen Elizabeth II to form a government, succeeding John Major of the Conservative Party, and ended on 27 June 2007 upon his resignation. While serving as prime minister, Blair also served as the first lord of the treasury, minister for the civil service and leader of the Labour Party. He and Gordon Brown both extensively used the New Labour branding while in office, which was presented as the brand of a newly reformed party that had altered Clause IV and endorsed market economics.
BlairismIn British politics, Blairism is the political ideology of Tony Blair, the former leader of the Labour Party and Prime Minister between 1997 and 2007, and those that support him, known as Blairites. It entered the New Penguin English Dictionary in 2000. Elements of the ideology include investment in public services, expansionary efforts in education to encourage social mobility, and increased actions in terms of mass surveillance alongside a ramping up of law enforcement powers, both of these latter changes advocated in the context of fighting organized crime and terrorism.
Ethical socialismEthical socialism is a political philosophy that appeals to socialism on ethical and moral grounds as opposed to consumeristic, economic, and egoistic grounds. It emphasizes the need for a morally conscious economy based upon the principles of altruism, cooperation, and social justice while opposing possessive individualism. In contrast to socialism inspired by historical materialism, Marxist theory, neoclassical economics, and rationalism which base their appeals for socialism on grounds of economic efficiency, historical inevitability, or rationality, ethical socialism focuses on the moral and ethical reasons for advocating socialism.
PasokificationPasokification is the decline of centre-left social-democratic political parties in European and other Western countries during the 2010s, often accompanied by the rise of nationalist, left-wing and right-wing populist alternatives. In Europe, the share of votes for such parties was at its 70-year lowest in 2015. The term originates from the Greek party PASOK, which saw a declining share of the vote in national elections — from 43.92% in 2009 to 13.18% in May 2012, to 12.28% in June 2012 and 4.
Political moderateModerate is an ideological category which designates a rejection of radical or extreme views, especially in regard to politics and religion. A moderate is considered someone occupying any mainstream position avoiding extreme views. In American politics, a moderate is considered someone occupying a centre position on the left–right political spectrum. Japan's right-wing Liberal Democratic Party (LDP) has traditionally been divided into two main factions: the based on bureaucratic "conservative mainstream" (保守本流) and the hawkish nationalist "conservative anti-mainstream" (保守傍流).
Market fundamentalismMarket fundamentalism, also known as free-market fundamentalism, is a term applied to a strong belief in the ability of unregulated laissez-faire or free-market capitalist policies to solve most economic and social problems. It is often used as pejorative by critics of said beliefs. Palagummi Sainath believes Jeremy Seabrook, a journalist and campaigner, first used the term. The term was used by Jonathan Benthall in an Anthropology Today editorial in 1991 and by John Langmore and John Quiggin in their 1994 book Work for All.
