The 1973 oil crisis ruptured the UK postwar welfare-state settlement

Evidence

Their analysis was concerned to articulate together the economic, sociocultural, and ethnic dimensions of this (in their terms, “ruptural”) crisis, as post-imperial Britain experienced the simultaneous traumas of economic decline (in the context of what we can see now as some of the early symptoms of globalization), the political bankruptcy of the older Labour tradition, and the conflicts emerging around the particular situation of the new generation of unemployed and alienated black youth in the UK’s inner cities. As Stuart and his coauthors explain, they came to understand this as no temporary matter but as a generalized crisis of hegemony that had, in the words of Prime Minister Edward Heath, made the country “ungovernable.” — Hall, Stuart, Essential Essays, Volume 1, 970 (#corroborates, via linked claim)

Categorization

• XREF: connects to: The 1970s UK crisis fused economic, cultural and ethnic traumas into one ruptural conjuncture; The welfare state consensus collapsed as British productivity and profitability fell; Britain’s decline combined global recession with its specific capital-accumulation crisis (+3 more)

Related

• The 1970s UK crisis fused economic, cultural and ethnic traumas into one ruptural conjuncture (similarity 0.89)
• Britain’s mid-1970s crisis was a generalized crisis of hegemony, not a temporary matter (similarity 0.88)
• Britain’s decline combined global recession with its specific capital-accumulation crisis (similarity 0.81)
• Britain’s mid-1970s crisis combined global recession with its own weak capital accumulation (similarity 0.79)

Broader Connections

• Britain’s mid-1970s crisis was a generalized crisis of hegemony, not a temporary matter #corroborates (0.60) — Hall, Stuart, Essential Essays, Volume 1, 970
• Thatcherism was a local response to global economic pressures #expands (0.50)
• The welfare state’s success provoked conservative opposition to reverse it #complicates (0.40)