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The '''Labour Party''' is a British [[socialist]] democratic political party. It was founded in 1900, and is currently the party of government in Great Britain.  

The '''Labour Party''' is a British [[socialist]] democratic political party. It was founded in 1900, and is currently the party of government in Great Britain.  

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 equal ownership of the means of production among the workers; the current version instead calls for 'a community in which power, wealth and opportunity are in the hands of the many, not the few') to the adoption of a number of Thatcherite and neo-liberal policies during the Blair years has led to Labour being considered a central, or even centre-right party.

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') to the adoption of a number of Thatcherite and neo-liberal policies during the Blair years has led to Labour being considered a central, or even centre-right party.