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- Gaitskellism was the ideology of a faction in the British Labour Party in the 1950s and early 1960s which opposed many of the economic policies of the trade unions, especially nationalisation and control of the economy. Theoretically, it repudiated the long-standing orthodox position that identified socialism with public ownership of the means of production, and that such ownership was essential to achieve socialist objectives, and emphasized the goals of personal liberty, social welfare, and above all social equality. It downplayed loyalty to the labour movement as a central ethical goal, and argued that the new goals could be achieved if the government used appropriate fiscal and social policy measures within the context of a market-oriented mixed economy. Public ownership was not specifically rejected, but was seen as merely one of numerous useful devices. The movement was led by Hugh Gaitskell and included Anthony Crosland, Roy Jenkins, Douglas Jay, Patrick Gordon Walker and James Callaghan. Gaitskellites represented the political right of the Labour Party and were opposed by the Bevanites, the left-wing faction of the party led by Aneurin Bevan and Michael Foot. In the 1950s, there were many parallels between Gaitskellism and the economic policies of Rab Butler, the Conservative Chancellor of the Exchequer. This convergence of the two main parties was dubbed "Butskellism". (en)
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