Harold Macmillan's tenure as UK Prime Minister from 1957 to 1963 was marked by One-Nation Toryism, economic growth, and decolonization. His government saw the British Economic Golden Age, faced economic challenges, and navigated political scandals. Macmillan's legacy includes his approach to the Suez Crisis, 'Wind of Change' speech, and attempts to join the EEC.
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Harold Macmillan became Prime Minister of the United Kingdom in 1957, succeeding Anthony Eden
Macmillan's political philosophy emphasized social unity and government intervention to address social inequities, and he continued the cross-party agreement on a mixed economy and welfare state
Prior to becoming Prime Minister, Macmillan held several important roles in the government, including Minister of Housing, Minister of Defence, Foreign Secretary, and Chancellor of the Exchequer
As Chancellor of the Exchequer, Macmillan played a role in the Suez Crisis of 1956, which highlighted Britain's diminishing global influence
Under Macmillan's leadership, the United Kingdom experienced a period of sustained post-war growth, with policies that increased wages and home construction
Macmillan's reliance on alternating between economic stimulation and restraint was criticized for creating instability and lacking long-term vision
Macmillan's pragmatic approach to decolonization, weighing costs and strategic interests, led to an increase in African colonies gaining independence
Macmillan's 'Wind of Change' speech in 1960 acknowledged the momentum for independence in Africa and his government maintained a close relationship with the US, playing a role in the Partial Nuclear Test Ban Treaty of 1963
Macmillan's efforts to modernize the British economy through joining the EEC were unsuccessful due to French President de Gaulle's veto, further undermining his political standing
By the early 1960s, Macmillan's economic policies faced scrutiny as the British economy showed signs of strain, leading to a wage freeze and securing a loan from the IMF
The 'Night of the Long Knives' and the Profumo affair damaged both Macmillan's personal reputation and that of the Conservative Party
Macmillan's resignation in 1963, citing health reasons, marked the end of his leadership and set the stage for the Labour Party's rise to power