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Using the Source, evaluate the view that the Labour Party has returned to…

- - - - Renationalisation of Railways, Royal Mail and Water Companies
        
        Going back to Old Labour, they were originally nationalised in 1948 by Labour and returned to private hands in 1993 by John Major's Conservative Government
        
        Labour was initially committed to re nationalisation but the policy was dropped when Tony Blair came to power in 1997.
        
        Resurrected the idea which had flourished under the Attlee Labour Governments, that the state should control the ' commanding heights of the economy'
  - - - The Bank of England would print money to help fund infrastructure, reducing pressure to raise taxes
      - Wanted to redistribute wealth in favour of the less well off
        
        Scrap the benefit cut all together
- - - - Social Democrats aim to compromise with capitalism rather than crush it and to dynamism rather dynamite markets.
  - - - Previously, old labour (real) policies were based on industrial production comissed under national control (cars, British Steel, Coal, Ariways )