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Fifty Years On, Callaghan's Speech Seen as Britain's Neoliberal Turning Point
Original: A Labour Prime Minister Inaugurated Britain’s Neoliberal Era https:// jacobin.com/2026/09/labour-cal laghan-neoliberalis
Fifty years ago, Labour prime minister James Callaghan used his party conference speech to champion ideas now associated with Thatcherism, including monetarism and limits on state spending. Commentators are revisiting the address, arguing it was Labour, not just the Conservatives, that opened the door to neoliberalism in Britain, a claim sparking debate on the left about the party's economic history.
Why now: The fiftieth anniversary of Callaghan's conference speech has prompted renewed left-wing debate about Labour's role in launching Britain's neoliberal era.
James CallaghanLabour PartyMargaret ThatcherJacobinBritain
Evidence
- A Labour Prime Minister Inaugurated Britain’s Neoliberal Era https:// jacobin.com/2026/09/labour-cal laghan-neoliberalism-monetarism-thatcher Fifty years ago, British Labour leader James Callaghan used his party conference speech to promote some of the key ideas associated with… · MillMessenger@journa.host · 2
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