Originally published in 1959, the author has observed at first hand
the workings of public enterprise in Britain. He has coupled
objectivity with an acute sense of economic perception and has
produced a clear and ordered study of the workings of
nationalization in industry at the time. His book does not contain
an argument on whether nationalization is desirable or not. On the
assumption that there is nationalization he attempts to discuss
certain important problems raised by it in the fields of
management, pricing, resource allocation and public control. He
hopes that a discussion of this nature will contribute towards
ensuring the most satisfactory results from nationalization.
General
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