How would an Argentine victory in the Falklands War affect British politics and naval policy?
Short answerThe government would probably blame earlier carrier cuts and launch a major program to rebuild large-carrier capability.
NotesThe domestic political effect of losing the Falklands would probably be severe. The most available explanation would be the Healey-era decision to abandon large fleet carriers. Assigning blame there would turn the defeat into evidence that carrier capacity had been cut too far. The likely response would be an expensive program to upgrade and rebuild the Royal Navy's carrier force.