Lansbury, G.

...However, in the face of mass unemployment, Chancellor of the Exchequer P. Snowdon stuck to classical fiscal policy, and in the international financial crisis of 1932, in order to maintain free trade and the gold standard, they relied on borrowing from the financial markets of the United States and France, and accepted austerity measures, including cuts to unemployment benefits, as a condition for this, which led to the Labour government's split and collapse, and MacDonald and Snowdon, who had participated in the National Unity Cabinet in 1931, were expelled from the party. The party was rebuilt under the leadership of the Trades Union Congress (TUC) Council, led by E. Bevin of the Transport and General Workers' Union, and compiled a policy platform for the transition to socialism, including nationalization of industry and a planned economy, breaking away from the spell of liberal economics. At the same time, the party leader George Lansbury (1859-1940), an absolute pacifist, resigned, and under the new leader CR Attlee, they adopted a collective security policy against the threat of fascism, opposing the National Government's appeasement policy. During World War II, the party agreed to the political truce and participated in Churchill's wartime coalition cabinet. ...

*Some of the terminology that mentions "Lansbury, G." is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…しかし大量失業に直面して蔵相P.スノードンは古典的財政政策を固守し，32年の国際金融危機では自由貿易と金本位制維持のためアメリカ，フランスの金融市場からの借入れに頼り，その条件として失業手当削減を含む緊縮財政実施を受け入れたため，労働党政府は分裂崩壊し，31年の挙国内閣(挙国一致内閣)に参加したマクドナルド，スノードンらは党から除名された。　党再建は運輸一般労組のE.ベビンら労働組合会議(TUC)評議会主導の下に行われ，産業国有化，計画経済など社会主義への移行のための政策綱領をまとめ，自由主義経済の呪縛を断ち切る一方で，絶対的平和主義者の党首ランズベリーGeorge Lansbury(1859‐1940)を辞任させ，新党首C.R.アトリーの下にファシズムの脅威に対し集団安全保障政策をとり，挙国政府の宥和政策に対抗した。第2次大戦では政治休戦に応じ，チャーチルの戦時連立内閣に参加した。…

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