Abstract

With the recent landslide electoral triumph of Tony Blair's New Labour in Britain, the question of the degree of convergence between Labour and the Conservatives in opposition takes on even greater strategic and political significance. It is generally undisputed that the terms of political debate in contemporary Britain have been altered markedly in recent years, and that this is not unrelated to Labour's self‐styled “modernisation” in the face of four consecutive election defeats. More contentious, however, is the interpretation of this trend. Has Labour abandoned its socialist and social democratic traditions, re‐projecting itself as an essentially conservative, even Thatcher‐ite, party, or has it managed to develop a novel, dynamic and modernising social democracy for new times? In this paper I seek to provide a benchmark against which such propositions can be evaluated, assessing the extent of bipartisan convergence since 1992. On the basis of comparisons of policy commitments at the 1992 and 1997 general elections, I argue that there has indeed been significant convergence between the parties, that this convergence has been driven principally by Labour, and that Britain is witnessing the emergence of a new bipartisan consensus. Such an interpretation is further reinforced by a consideration of revisions to policy since the Tories’ electoral debacle, which would merely seem to confirm the ascendancy of neo‐liberalism in contemporary Britain. I conclude by considering the likely trajectory of social and economic policy under a New Labour administration with a seemingly unassailable parliamentary majority.

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