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Challenges and Strategies for Labour Governments
This chapter explores the successes and challenges faced by past and current Labour governments in implementing long-lasting reforms and founding institutions like the NHS. It discusses the caution in message discipline, hidden reforms, and the financing intricacies, as well as the limitations and frustrations in raising necessary funds through various taxation methods. The chapter also touches on the historical context of tax policies, potential borrowing for investments, and the constraints faced by social democratic parties in adapting state actions to modern economic realities.