of mid-Victorian liberalism: the reliance upon individualism, the establishment of self-respect, and self-reliance, and the organisation of voluntary and co-operative societies to better the plight of the weak, wounded and suffering.
Support for such mantra was rooted in an earlier period of excitable prosperity. Coinciding with the advent of Free Trade in the years 1850-1870, there was an economic boom in the UK. It can be fairly argued that the removal of tariff barriers probably had only a marginal impact on the British economy. Nevertheless, psychologically the advent of free trade was closely associated with entrepreneurial zest and commercial success. It appeared that market forces working within the social and political structure solved the question of English strength, which preoccupied the country from 1820-50.
Churchill knew his economic history well. It moulded and galvanised his political and philosophical beliefs. It shaped his political attitude and formed one of his bedrock principles – free movement of goods and services. This created in his political philosophy a paradox — Churchill was at once a radical and a traditionalist. He was a radical in changing structures and governmental organisations and arcane laws to facilitate the movement of finance and trade on a more fair and free basis. He was also a radical in his determination to raise the general standard of living, economic opportunity and chance for decent education and welfare. He was a traditionalist in his empathy that the productive capitalistic system as the only guaranteed method of sustaining society and providing a nation with the capability to ensure adequate standards of wealth and progress. It must be protected at all costs – vision
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