sotives of the "lvon Lady" as the prime minister (By Hong Leung)
Piective.
Ao e Lunall of the British General Mi-ction, the Conservative Party
gained overalelning victory and has taken over the political status of the
Lobow Pality, Tos leatop Bro. Margaret Thatelur, the so-called "Iron Lady",
Peby
who has benous Dritain's first woman prime minister, hac drawn world attention.
it to
Feople of thu hrce Beitch isler mnt change
The election of a new leader in the citish political arena indicates
that people in the three British isles want A change.
Generally speaking, the political achievement of the former Labour
Goverment is not bad. In recent years, the Labour Government had adopted
measures such as price cóntrol, restrictions on wages through negotiation with
trades unions, support for national enterprises and in particular, intensive
efforts on the development of North Sea oil. These measures not only have
helped the British economy tum for the better but also eased inflation.
However, the restrictions on wages caused discontent among the general workers
who often staged general strikes and violated the restrictions. Since last
winter, slow down of industrial output has returned to Britain and there has
been an ominous sign of a worse inflation. These have caused uneasiness among
British entrepreneurs and financial groups. Under this situation, capitalists
and workers alike thought "why not try a new government?"
Aiming against certain weaknesses in the Labour Party's internal
policy, the Tories put forward a different platform. It advocates restrictions
on the power of trades unions, the cutting of personal income tax, stimulating
investment and de-nationalising entreprises to "create a development trend by
private entreprises." In other words, it facilitates profit-making by capitalists
in free competition. Undoubtedly, these advocacies of the Tory government were
greatly welcomed by wealthy people in Britain who have decisive influence on the general election. This is a reason for the Tories victory in the election.
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