About this book
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.
business coal communication labour privatisation telecommunications transport