MacDonaldism
/məkˈdɒnldɪz(ə)m/Political History
noun
The political and economic policies pursued by Ramsay MacDonald and his supporters, sometimes characterized as a moderate socialism.
Origin
1920s; earliest use found in Labour Monthly. From the name of James Ramsay MacDonald, British statesman and prime minister, leader of the first Labour governments and of a non-Labour coalition administration + -ism.