Compare and Contrast Rawlsian and Dworkinian account of distributive Essay

Compare and Contrast Rawlsian and Dworkinian account of distributive justice - Essay Example The focus in this methodology of viewing justice is on the outcomes and results of distributions rather than the procedural tools which connect with administrative bodies or the government established in the system. Two prominent thinkers, i.e. Ronald Dworkin and John Rawls have presented their ideas about distributive justice and an understanding of these ideas is important for any student of sociology, philosophy, law and even economics. It would be best to examine the ideas of Rawls first since he presented his ideas before Dworkin. In the simplest of terms, John Rawls distributive justice is based on the idea of alternative distributive justice in which a Difference Principle is called into action. Rawls accepts that equality and equal distribution of resources within any given system is impossible therefore he creates a difference principle under which inequality becomes perfectly acceptable. The Difference Principle allows a society to allocate resources in a way where equality is not needed, but only if the creation of this inequality makes the lower strata of society materially better off than they would have been had there been perfect equality (Rawls, 1993). As a difference to Dworkinian distributive justice, this idea is based on the fact that the level of wealth in an economy is never a fixed constant and it can be changed from one point in time to the other. Rawls suggests that the wealth of a nation can be created by technology, innovation and development and this has been clearly proven by the industrialized nations of the world. Of course this comes with the idea of capitalism and social Darwinism where the most productive people within an economy will rise to the top and create wealth for themselves as well as the economic system they are in. This may lead to the accumulation of wealth at the top of the social order but Rawls does not consider this to be a

Statistical coursework Example | Topics and Well Written Essays - 1500 words - 1

Statistical - Coursework Example Beta is the gradient of the model line. Nonetheless, for ADM, BLT, AV, CPG and RIO Company, there was no significant beta to explain the market risk since t-statistic was less than the critical value. Generally, alpha, the constant, illustrated how much worse or better the company performed than CAPM predicted (negative alpha illustrated how much worse the fund performed and vice versa). The quality of our model was illustrated by our R2. While an R2 of 1.0 would imply that our model fit the weekly data perfectly (100%) and that the performance of the funds were explained by their risk exposure, as estimated by beta, this was not the case as evidenced in different R2, s in the Table 1. According to Reilly & Brown (2012), variation of stock returns is the concern of any shareholder. As such, most models are not interested in finding out the most convenient way of determining stock return but to see which macroeconomic factors determine the variation of stock return. CAPM is a simple model that is perceived on sound reasoning, some of the assumptions that look like the model are unrealistic. Rather than simply just broadening an existing theory, Albright, Winston & Zappe (2009) propos this concern by giving a completely different model: the Arbitrage Pricing Theory (APT). Being the opposite of CAPM, the current developed APT starts with the assumption that arbitrage opportunities should not be found in perfect financial markets. This thought is a little bit restricted than those needed to develop the CAPM. Bruns (2013) claims APT starts by assuming that there are n factors, which cause asset returns to significantly differ from their expected values. Secondly, it adopts systematic risk (beta). CAPM considers systematic. This has been assumed in other return models, like the dividend discount model (DDM). Systematic or market risk is a fundamental variable because it is one does not see it therefore cannot be

Film Term Paper Example | Topics and Well Written Essays - 1500 words

Film - Term Paper Example Review of Chungking Express by Wong Kar-wai in 1994 Chungking Express was a film that was produced in 1994 by Wong Kar-wai. It was made in Hong Kong and this was during the period when they were handing over to China. The movie has so many thing going on because there were political matters along the way and again it was during a time when the citizens were starting to embrace freedom in the sense of a change in lifestyle and the economy. Chungking Express sough to express what Hong Kong was going through in a manner that was relating to them. As a result, this period also brought about the global spread of modern commercial culture to East Asia. This definitely had its advantages and disadvantages because with lifestyle changes, traditional values were abandoned and the people started to adopt new moral and modern values. According to the movie, the story revolves among two police officers; Takeshi Kaneshiro and Brigitte Lin Ching-hsia who have been abandoned and left lonely where t hey try to acquire individuals that they fall for. Kaneshiro is described as lonely because his girlfriend abandoned him and he still cannot believe that it happened and she left forever. Lin is related to drugs and the life she was living was not worthwhile as she sought to escape the country because she was in a deal that went sour. At this instance is when Kaneshiro meets Lin and tries to get to her. Another scene would be the one where the officer meets Faye Wong who falls for a police officer, who had broken up with his girlfriend, a flight attendant. During that time, the cop was very lonely and he was portrayed as a n individual who had already lost touch of his life. Faye becomes the person that cares for him as she sneaks into his house and the result is that she hopes that what she was doing for him would change his mind and focus on her. With no reason what Faye did with her heart did not deem successful and as a result she ditched that thought of getting to the cop. With regard to the movie, there is also a rise in the number of entertainment joints. Apparently, the people of Hong Kong were portrayed as people who love karaoke’s and music and this trend was apparently increasing thus the traditional thought of such traits was starting to disappear as the people were starting to adapt to a new culture and lifestyle. For example, Faye met with the cop when they were in the bar. Traditional culture was not based on love in that manner. A man would not meet their potential girlfriend or wife in entertainment places, but the movie sought to eliminate that gap and allow for love to be felt in a variety of places and that if why the characters were set to meet in a bar. With regard to sexual relationships, it can be concluded that Faye had an intention to have a sexual relationship with the cop. According to traditional values, traits such as pre-marital sex and one-night stand were not acceptable in the culture and the only way that one could indu lge in sexual relationships was when they got married. In addition to that, the movie portrays aspects such as loyalty when the officer is abandoned by his girlfriend but he still thinks about her and feels for her. The Personals by Chen Kuo-fu The Personals was a movie directed by Chen Kuo-fu. It is based on an opthamologist by the name of Du Jiazhen (Rene Liu) who goes ahead to critically search for a

Puerto Rico Essay Example | Topics and Well Written Essays - 250 words

Puerto Rico - Essay Example Through my research, I gained information on some places around the world which tourists categorize to be the most breathtaking amazing sites. My academic course incorporates the subject of tourism; the event enriched my understanding of Puerto Rico as a tourist location. The event is also related to my academic course in the sense that, it has served as a learning resource to me. This event, relates to the holidays we are currently having, in that, it will be a destination site during the holiday. Watching the event is more like watching Puerto Rico being advertised as a tourist destination site. This program relates to both international and global issue since people all around the world are interested with phenomenal tourist site such as Puerto Rico. Since the program acts like an advertisement tool, it influences global tourism (Dietz 87). Watching the event, made me remember, the first experience I had when I was touring the Caribbean Islands. I reminisced over the thrilling feelings I had some years back when I walked on white sandy beaches for the first time. In particular, I appreciate the fact that I got first hand and detailed information on Puerto Rico. The program, showed spectacular features on the landscape, such as different kinds of coral reefs, which I had never come through when researching on tourist sites. Through the program, I gained more knowledge on Puerto Rico’s history. The information on the landscape made me appreciate and understand some geography, because it talked of how the various physical features on the island came to be formed. (Dietz

Cognitive and Language Development Essay Example | Topics and Well Written Essays - 500 words

Cognitive and Language Development - Essay Example (Jumpstart Tulsa, 2009). Although the lower portion of the brain is well developed at birth to support a child's initial survival, the upper portion is not. This portion contains a brain structure called the cerebral cortex which is responsible for human attributes such as memory, attention, perceptual awareness, thought, language, and consciousness. Synaptic connections in the cerebral cortex are developed and peaks during elementary school age. Beginning middle school age to adolescence, the number of synapses decline to adult levels (Zero to Three, 2009). According to B.F. Skinner, the father of behaviorism, language is learned through reinforcement and imitation. According to the behaviorist theory, like any other behavior, language has to be taught and positively reinforced otherwise, it cannot be learned. This theory is not widely accepted because it does not consider the biological aspects of language acquisition. According to Chomsky and his nativist theory, children have an innate language acquisition device and that it is in their nature to learn a language because of the presence of language areas in the brain, the sensitive period for language development and a child's ability to invent a new language system.

Controversial novels Essay Example for Free

Controversial novels Essay Argued to be one of Hardys most controversial novels, published in 1891 during an era when the underprivileged classes of society, were submissive to superstitious beliefs in particular those such as luck spiritual beings and ultimately fate which were the foundations of lower class civilisation, Tess of the DUrbervilles presents a story of Fate toying with the life of the Heroine Tess. Fate is an influential part of the plot because it is what dictates her life. Events in the beginning of the novel begin a domino effect that cannot be reverse, thus Her fate is already chosen and all she can do is live through the events that happen to her. Whilst Walkers Colour purple is written during an era of gender social and racial inequalities narrated through Celie whose life consisting of an abundance of obstacles refuses to give into the Fate which determined the lives of poor uneducated black females during the 1930s. What exactly is Fate, is it in our personalities, actions and character or are our lives controlled by a supposed force or power which predetermines events in our lifes, meaning regardless of what we do we are unable to change our destiny. This theme is explored thoroughly by Thomas Hardy through his heroine Tess who is portrayed as a victim of fate throughout the novel, chance and coincidence bring about disasters in the novel that we can claim occur due to fate, it appears the main characters are subject to forces beyond their control. The author employs a very fatalistic plot throughout the novel making Tess endure whatever is thrown at her . In the first chapter of the book the horse Prince dies, this is seen as Tess fault as she falls as sleep due to being exhausted, this happens at night when the weather is very depressed. Hardy uses pathetic fallacy by claiming the atmosphere was pale, this makes the reader feel tension and also an expectation of tragedy . This scene is similar to that of the one at the chase when Alec finds Tess unconscious and may have raped her which is ultimately up to speculation. It is clear that Hardy uses the death of prince to create a sense of foreboding as this episode and the one at the chase are extremely similar, on both occasions Tess has fallen asleep due to tiredness and also the weather is used as an indication for what is to follow. From this we can question whether these events are down to fate and also ask if Hardy pre-determines Tess fate and future through her early actions thus her future is unalterable so there is nothing she can do to change. This has lead to the critic The Irvine Howe has writing: May we see her purely as a victim, like the white horse, the pheasants, the animals who are killed at harvest time? Hers is a poor wounded name This supports The interpretation that Tess life was controlled by Fate the just like the events in the novel such as the horses death and the death of the pheasants which all acted as a sense of foreboding and events which pre determine Tess death. Towards the latter stages of the novel during chapter 46, Hardy again emphasises the significant role Fate has played in Tess life and misfortunes. Firstly at the bottom of page 320 Tess states How can I pray for you? When I am forbidden to believe that the great power who moves the world would alter his plans on my account? Tess is telling Alec that she has lost her belief in God as her prayers do not move him. Therefore she is indicating this is happening because God already has his plans made and what she wants makes no difference because she is not important enough for him to change them, thus empowering the element of Fate and its restrictions on her ability to change. Alice Walker, author of The Colour Purple approaches the theme of Fate and destiny in a similar way to Hardy to a certain extent, in The Colour Purple the character Celie goes through a series of events at the beginning of the novel, she is raped by her father on several occasions is forced to give away the children that she conceived through him then her sister Nettie is forced to leave the home in which Celie lives due to her Husband Mr , but later on in the novel we learn that Nettie is now living with the family that adopted her sisters children. This shows that Alice Walker purposely portrayed Celies life as a victim of Fate, but gives her character an opportunity to resist this fate which results in a positive outcome for Celie. Its possible to say that Walker highlights the fact that although we may be victims of Fate we are able to control this Fate and our, she does this by showing that Celie is in fact not a victim of fate and unlike Tess her own actions are what allow her to change her destiny. We can say this because Celie confides in God through her letters, giving her hope and belief and she restrains herself from killing the man who has brought her pain and suffering, Mr , unlike Tess . Celies ability to change and prevent Fate from controlling her life is ultimately down to the letters she writes to God, she tells her sister Nettie Long as I can spell G-o-d I got somebody along She believes she is never alone or hopeless as long as she has God in her life, writing to God gives her hope, this hope is what helps her overcome the negative aspects of her Fatalistic path that seemed as though her life would be controlled by abusive males that would drive her to murder her husband just like Tess did. On the other hand Tess Fate is once again predetermined by Hardy in chapter 41 when she stumbles upon dying pheasents and puts them out of their misery by bringing their inevitable deaths to an end prematurely Poor darlings-to suppose myself the most miserable being on earth in the sight o such misery as yours! she exclaimed, her tears running down as she killed the birds tenderly. This Fatalistic event represents Tess destiny as she to will die due to her neck breaking as she will later be hung, Hardy uses this sense of foreboding once again signifying the belief that her character is her Fate, she is unable to change this, nothing she does will alter it. Similarly but with a contrasting outcome, in Colour Purple Fate re-emerges as killin Mr begins to dawn on Celies mind. How Im gon keep from killing him Naw I think I feel better if I kill him, I say I feels sickish. Numb, now. Mr has abused Celie to the extent that she contemplates killing him, at this stage of the book readers are likely to speculate whether Fate has chosen this path for Tess, is this her destiny? Will she have to emulate Tess action to end her misfortunes? Or will she be able to alter her Fate through her hope in God and rational actions? Although she doesnt go on to murder Mr , through God and her companion Celie she finds the courage to speak up against Mr and leave him, ultimately changing her Fate which is something Tess was unable to do You a low down dog is whats wrong. Its time to leave you and enter into the creation. And your dead body just the welcome mat I need. Here Walker shows her strength and courage obtained through her hope in God. The authors use of foreboding throughout the novel can be seen as a representative of fate, Hardy believed that what happened to us was a product of our personality, class, status and the way in which we view life therefore Tess pride and her concern for Angels reputation after he leaves her prevents her from seeking help at an early stage of her troubles can be seen as her own actions but in Hardys view our own actions were down to fate , she ends up confiding in Alec which leads to disaster. From this we can question whether Tess actions lead to her downfall or was it Fate? This is demonstrated at the beginning of the final paragraph, hardy writes Justice was done, the president of immortals had ended his sport with Tess. Hardy is telling us Fate has finished playing with its victim, Tess. He may have done this to further draw attention to his beliefs that we are subject to a immoral force beyond our control that we are forced to endure and that religion does not have bearing on any events in our life. This is a viewpoint that was developed by critic Irving Howe who too believed Tess fate had already been predetermined, Proposing this is why Hardy named the final phase of the novel fulfilment. Furthermore, another way Hardy depicts Tess as a victim of Fate is through the language he uses, particularly in the last phase of the novel as he named it fulfilment thus this is a play on words as we are left to question what has been fulfilled. It is possible to say Hardy believed Fate had been fulfilled it had played its role in bringing Tess to her tragic downfall. Walker presents Celie as a victim of Fate like Hardy does Tess, however Walker stresses the point that we are able to change our Fate and destiny, this is significant as the colour purple which is the colour of the purple flowers represent spirituality hope. She is almost trying to convey the message that, Fate can be overcome as long as hope is present, where as Hardy purposely doesnt give Tess any chance of overcoming her Fate, he deliberately does this to assert his negative view on religion, Walker gives her character hope through God, this is what enables Celie to overcome her so called Fate or Destiny whilst Hardys pessimistic belief of religion deters him from doing this. Through his novels Hardy repeatedly articulated that chance and coincidence that bring about disaster are ultimately Fate, thus he empowers his belief through Tess that characters are subject to forces beyond their control. This is similar to another of his novels, The Return of the Native. Throughout The Return of the Native bad things happen to good people, this is a depiction of his atheist perception that God does not exist and if there is a God it is lacking in morals, because good people, such as Tess are the victims of bad events and tragedy in life due to Fate. Like Hardy himself said Once a victim, always a victim of fate.

Thatcherism vs New Labour Party

Thatcherism vs New Labour Party The British political system went through various and complex changes over time, starting from the post-war consensus, going through Thatcherism and other parties policies activities and ending with the current government led by David Cameron. This research paper will mainly focus on the policies and the ideologies of both Margret Thatcher and the New Labor party and how they affected the British political life so far that is by its role definitely affected in the formation of the economic shape and clarified the peaks and troughs that represented a wide variety of aspects of life in the United Kingdom. Thatcherism is the political policies and way of government of Margaret Thatcher, which include privatisation, monetarism and lack of support for trade unions. Margret Thatcher was the prime minister of the United Kingdom during the period (1979-1990) and her nickname was the Iron Lady Her policies marked a special era for Britain at that time. The New Labour party is the alternative new branding name for the Labour party. This name was introduced by Tony Blair in a conference about a new life for Britain in 1994 and was put into action after the Labour party won the 1997 elections and stayed still till 2010. So whose policies were better? How were they perceived by the public? How did they manage to practice dominance over the British politics? The answers to these questions will be listed when we go through Thatcherism and New Labour policies, ideologies, activities and effects over the political and economic aspects in the United Kingdom and figure out their similarities and differences. Literature Review There is a book that described Margret Thatcher as the most exceptional woman in the history of politics in the United Kingdom. It talked about her achievements, early career and how she acquired power. It also focused on explaining how the Conservative party at that time, led my Thatcher, was able to defeat the Labour party in 4 consecutive general elections.  [1]   Another paper presented the challenges that shaped the policies of both Margret Thatcher and Tony Blair. It elaborated on the main issues that Margret Thatcher focused on like privatization and lack of support for trade unions. On the other hand, it mentioned the Manifesto on which the New Labour party fought on the 1997 elections pledged not to increase rates of income tax, and to hold public spending totals for the first two years in office to those planned by its predecessor  [2]   In another book, there was a clear explanation of how the New Labour party attempted to gain back power and confidence in voters relying on and adhering to some Thatcherism policies.  [3]   Another book elaborated mainly on how the Labour party recovered from the 4 major defeats on the hands of the Conservative one and what changes they introduced in their policies to help them achieve the new outcomes of regaining power to the Labour party.  [4]   One more book described the era of Margret Thatcher and illustrated what were the successes and failures during her period in office and how she was able to confront the uprising economic and social challenges at that time.  [5]   Now we should go deep into the main ideas, policies, ideologies and features of both Thatcherism and New Labour. The Ideological Orientation of Thatcherism New Labour Thatcherism was built upon: Classical Liberalism, which is concerned about the importance of individual freedom, and Conservatism, which is an advocate for the notions of national sovereignty, the traditional morals and the laissez-faire principles Thatcher developed her policies over time with her first government focusing on the reform of trade unions and monetary control (monetarism), the second focusing on privatisation and housing and the third focusing on the restoration of the welfare state in the UK.  [6]  . Considering the New Labour ideology, Blair made a decisive break away from Old Labours traditional political stance and he called it as the party of New Labour after becoming leader of the party in 1994. In policy terms, New Labour acted like the mediator between Old Labour, who was statist socialism (they believe to be too radical), and Thatcherism, which was strongly concerned by the principle of laissez-faire and individualism as stated above. So Blair accepted many of his predecessors ideas about: free trade, the retrieval of a successful and elastic labour market through capitalism and more individual self-help, etc.  [7]   There were some obvious similarities between Thatcherism and New Labour, which were even more important than the differences between both of them. The New Labour party adopted many key elements of the Conservative policies in order to overcome its harsh defeat and decline that was very sharp especially and directly after the winter of discontent. The Labour party in the 20th century didnt lose because of Thatcherism strength or popularity but because There was no great endorsement of Thatcherism in 1979. As late as October 1978, Labour was still ahead in some opinion polls, but the Winter of Discontent turned the public against Labour and the unions. The election was more of a rejection of Labour than an endorsement of Thatcherism  [8]   Similarities in The Policies Thatcher focused greatly on the economic reforming issue. She went through 4 main aspects and issues which are: the privatisation of the British Industrial methods, the narrowing of the union power and lack of support for it, the reduction of public spending in order to allow cuts in taxation and controlling the prices inflations. The New Labour was able to move away from the past when it declared the refusal and denial of the Clause IV from its constitution, which had become a keystone in the philosophy of the left. Commitment to public ownership was replaced by the view that the enterprise of the market and the rigour of competition are joined with the forces of partnership and co-operation to produce the wealth the nation needs and the opportunity for all to work and prosper. This marked the clear refusal by the New Labour for Socialism and marked its clear movement towards Thatcherism.  [9]   Considering the issue of taxation for instance, Gordon Brown made a clear and public commitment to remain within the Conservatives spending plans for the first two years of a new Parliament and not to increase the basic rate of income tax, showing again the adoption by New Labour of a key element of Conservative policy and also that was the Manifesto on which the New Labour party fought the 1997 elections.  [10]   It seems that New Labours economic policy is built upon a similar or a close one to that of Thatcher economic policy, where there is close-working relationship between the government and employers and trade union power was reduced and lacked significantly. It is also built upon the explicit endorsement of the importance of market competition and the desirability of private enterprise which is very close to the privatization policy by Thatcher. This policy shift is thought by many to represent a considerable acceptance of the broad legacy of the Thatcher years by Blair. Therefore it is evident that on these key issues, New Labour seemed to want to stay with the Thatcherism policies already put in place.  [11]   Differences in The Policies Government Intervention in the Market There were also clear differences in the economic policies of both Thatcherism and New Labour. For instance, New Labour refused Thatchers principle of Laissez-faire principle where the role of government and its intervention hardly featured. In accordance with this principle, Gordon Brown claimed that the government intervention is a must to provide more public services which will be more beneficial than cutting taxes for few people only. The New Labour party believed that its the duty of the government to interfere to prevent the under-investment of education and training that may take place in case of they relied only on the market forces alone. So they sustained investment in skills, science, research and development, and public infrastructure encouraged strong performance in high-value manufacturing sectors far removed from financial markets in the UK  [12]   Taxation Policy The difference between Thatcherism and New Labour can also be seen when we look at the taxation policy. Thatcher believed in the motivation for low rates of direct taxation and she regarded this as a key part of her strategy of increasing competitiveness. Thatcherism also believed that direct cuts in taxations will help set the values of equality and the individual freedom in order to reach the welfare state. However, the New Labour was obliged to work according to 1997 elections manifesto where the government should not increase its public spending for the first two years of its formation. This manifesto briefly stated that the officials in Blairs government should be Wise spenders, not big spenders Blair always believed that its not wise or rational to increase taxations because it will dangerously harm the economic situation and because the New Labour was more concerned with the likely vote-losing consequences of high taxation. However there were two contradicting opinions about t he tax increase issue, one suggest by Blair and the other by Brown. Brown believed that Labour should retain the power to raise the top rate however, Blair and his advocates argued that increasing taxation rates is not the best guaranteed method to gain revenues: to put up rates would not automatically achieve the desired result as evasion will increase  [13]   The Social Welfare Equality Social welfare policy marked an obvious difference point between Thatcherism and the New Labour. New Labour believed in communitarianism which is the existence of society with networks of social relations. New Labour used the term Positivity of Freedom where people can get their chance to do things they need to do which are available for them through various resources, and the government intervention to provide these resources. New Labour didnt ignore the socially excluded persons, it helped them empower and fill the lack of positive freedom and it made sure that everybody came out beneficial from economic growths.  [14]   The New Labour also marked unemployment as the biggest brick that forms inequality between people and according to Blair, the best guarantee to earn a decent wage was employability The New Labour believed in the importance of coping with the world changing process towards information age and in order to develop more and more, they sought a society full of employed, skilled and trained workers so they tended to provide resources for people in order to achieve that development and progress goal.  [15]   On the other side, Thatcherism advocated for individualism and individual responsibility in place of collective provision and availability as stated in the ideologies part above ( The individual is the one who is responsible for welfare, not the society) resulting in limiting the role of the welfare state and New Labour refused this vision because they believed it would increase the internal divisions of the society and weaken the bonds between people although Blair was adhered to Thatcherism one of whose aims was to shift responsibility for welfare from state to individual at the beginning considering the issue of equality.  [16]   Dealing with the Electorate and the Voting Class Another obvious and big difference between Thatcherism and New Labour is about how both of them dealt with the electorate. Margaret Thatcher preferred to convince the electorate to support her ideas and far sighting (to persuade them to accept her vision as it is) while New Labour tended to adapt their policies and regulations according to the voters visions and ideas, not the party itself and that is because the continuous processes of social change were tending to reduce the numbers of voters who favoured the government interventionist policies where the working labour class was gradually shrinking and getting oppressed while the middle classes who get paid for their work were expanding.  [17]   So its clear that the New Labour party introduced vast modifications to their policies considering the electorate issue and they adopted Thatchers method in order to win back the votes of people who lost confidence in them after the winter of discontent and to appeal to their new electoral target of middle income, middle Britain. So its pretty obvious that, although similarities of ideas and policies towards many political issues are crystal-clear between New Labour and the Thatcherism, these similarities acted as the outcome of New Labour belief in the importance of getting confidence and trust back towards the voting class. Then it could be said that the differences are actually more important than the similarities as they reflect the true nature of the ideologies of the parties and how they acted to achieve their main purposes and goals. Conclusion Its visibly noticeable about what we have been through along this study that The New Labour party has rose up at the ruins of Thatcherism, or in other terms, The New Labour has picked up where Thatcherism fell off. No one can deny that the New Labour did really benefit from Thatcherism dominance from 1979 to 1997. Margret Thatcher was able to lead its party to three decisive consecutive victories in general elections followed by the fourth success led by Major. The reasons of Thatcherism dominance over the British political life didnt rise up from nothing. They rose up thanks to Thatchers policies and regulations. The people admired what Thatcher did considering the hindering of government intervention in the stock market, privatizing British factories and companies, direct cuts in taxations and much more. Also, Thatchers economic policies played a leading role in getting favour and support from the electorate and the voters, some statistics about the effects of these economic policies, like a 32% increase in the number of workers in manufacturing, a 40% increase in household incomes, could prove that clear.  [18]   Nothing is perfect. Although Britain was a richer country under the Conservative government rule by Thatcher and there was surely an increase in the productivity (that was negative because more goods were produced by fewer workers rather than increased capital investment), inequality also spread into Britain. Unemployment for example had hit more than 4.5 million Britons and 1 million out of those 4.5 was never involved in any paid employment. One in six Britons were on social assistance, the highest proportion in the EU and three times the rate found in Germany  [19]   In overall, the majority of British people benefited from Thatcherism than suffered. Thatcher was able to create a country that was never formed under any Labour government rule before and this was successful mainly because of, as we mentioned before, Thatcherism policies especially the ones regarding economic issues. Thats what pushed the Labour party autonomously to follow the same footsteps left clearly by the Conservative one and they did that in order to win peoples confidence back into their party, attract the voters and to gain power again over the British political arena and that reason was like the green light to the birth of the New Labour party which had SIMILIARITIES along with Thatcherism (which prove that New Labour really picked up where Thatcherism fell off) and had DIFFERENCES (Which prove that the New Labour party is ideologically different from Thatcherism and it didnt copy or remake the latter steps, it did only follow the Conservatives in some specific points abo ut which they were pretty sure that it will get their glory and shine back again into Britain political field).