The State in Business

1945 to the mid-1980s
Author(s): 
Ashworth, William
ISBN: 
0333468732
Date published: 
September 1991
Hardback
Price: 
£47.50
Pages: 
256

By its large programme of nationalisation, the 1945 Labour government inaugurated a new phase in the history of state enterprise, which has been ended by the privatisations of the 1980s. This book looks at this forty-year phase as a whole, considering the motives for nationalisation and summarising the legislation and policies. It discusses the objectives set for publicly-owned businesses, the resources available to them, and their achievements and short-comings, and in doing so casts doubt on some of the cherished assumptions and slogans of both the left and the right in politics.