The Labour Party originated from the [[trade union]] and [[socialist]] movements of the turn of the century, and throughout its history has been a left-wing party. However, from the altering of Clause IV in the party constitution in 1996 (Clause IV deals with the public ownership of the means of production; the current version instead calls for 'a community in which power, wealth and opportunity are in the hands of the many, not the few'. | The Labour Party originated from the [[trade union]] and [[socialist]] movements of the turn of the century, and throughout its history has been a left-wing party. However, from the altering of Clause IV in the party constitution in 1996 (Clause IV deals with the public ownership of the means of production; the current version instead calls for 'a community in which power, wealth and opportunity are in the hands of the many, not the few'. |