The Labour Prime Minister Ramsay MacDonald broke with his party in the financial crisis of August 1931. Thereafter, he and his small band of supporters were reviled in Labour circles as traitors, yet he had previously dominated the Labour Party for almost a decade. This book explores the development of the Labour Party culture that upheld MacDonald but was later used against him. The result is a distinctive understanding of the 1931 crisis from within the Labour Movement.
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