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The Political Economy of Nationalisation in Britain, 1920-1950 (Paperback, Revised)
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The Political Economy of Nationalisation in Britain, 1920-1950 (Paperback, Revised)
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In this 1995 study of the causes of nationalisation, experts in
British industrial history analyse the public ownership debates,
and explain how many well-informed and moderate groups came to
believe that the public ownership of certain major industries would
be economically beneficial. During Attlee's Labour governments of
1945-51 a number of important industries, including coal,
electricity, the railways and gas were taken into public ownership,
and legislation was passed for the nationalisation of the steel
industry. It was then argued that nationalisation would lead to an
improvement in the efficiency of these key sectors, on which the
rest of British industry depended for inputs. This study examines
the historical issues and uses detailed case studies of industries
to explore the public ownership debate.
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