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The Labour Party and the Planned Economy, 1931-1951 (Hardcover, New)
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The Labour Party and the Planned Economy, 1931-1951 (Hardcover, New)
Series: Royal Historical Society Studies in History New Series
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An exploration of Labour's 1931 pledge to create a planned
socialist economy and the reasons for its failure to do so. In the
general election of 1931, the Labour Party campaigned on the slogan
"Plan or Perish". The party's pledge to create a planned socialist
economy was a novelty, and marked the rejection of the gradualist,
evolutionary socialism to which Labour had adhered under the
leadership of Ramsay MacDonald. Although heavily defeated in that
election, Labour stuck to its commitment. The Attlee government
came to power in 1945 determined to plan comprehensively. Yet, the
aspiration to create a fully planned economy was not met. This book
explores the origins and evolution of the promise, in order to
explain why it was not fulfilled. RICHARD TOYE lectures in history
at Homerton College, Cambridge.
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