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14

British Labour Party and National Health

Lecture no. 14 from the course: Capitalism vs. Socialism: Comparing Economic Systems

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Taught by Professor Edward F. Stuart | 30 min

The British economy has vacillated between privatization and nationalization over time. Here you will look at one of these shifts by first examining the socialist programs introduced by a post-World War II Labour Party government (including the National Health Service), followed by the Margaret Thatcher era of deregulations and privatizations.