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Labour Party Questions 1. What Traditionally has Labour stood for and believed in? The Labour Party has traditionally believed in Socialism, and therefore they reject capitalist ideas and values, believing that Capitalism produces huge wealth for some, and relative poverty for many others. They rejected the idea of revolution, like the Conservative party, preferring evolution, but remains committed to achieving social goals associated with fairness, justice, and equality. Clause 4 of the 1918 Labour Party Constitution committed the party to support the nationalisation of industry to provide the workers with the 'fruit' of their labour, rather than the private ownership of industry for private profit. Traditionally, the labour party has stood for a belief in equality, arguing for a permanent shift of power and wealth away from the rich, privileged and powerful, to the poor, weak, and less privileged members of society, in order to create a 'classless' society. The Labour Party has also...

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