Abstract
During the Labour Party’s move to the left between 1970 and 1974 industry policy became a key battleground between left and right as, arguably, it has always been, given the great debates about Clause iv of the party’s constitution. The left’s success, however, meant that an industrial strategy emerged which, by the time of the February 1974 election, committed a Labour Government to increasing state intervention in industry way beyond the scale of expectations, let alone performance, of 1964–70.
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Notes and References
For a lucid and enlightening account of the development of thinking on the left, see Alan Budd, The Politics of Economic Planning (London: Fontana, 1978) ch.
Wyn Grant, The Political Economy of Industrial Policy (London: Butterworths, 1982) p. 105.
W. A. P. Manser, Britain in Balance (Harmondsworth: Penguin Books, 1973) pp. 17–18.
Bernard Nossiter, Britain: a Future that Works (London: Andre Deutsch, 1978) pp. 92–3.
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© 1985 Dr. Martin Holmes
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Holmes, M. (1985). Labour’s Industrial Strategy. In: The Labour Government, 1974–79. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-09102-7_3
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DOI: https://doi.org/10.1007/978-1-349-09102-7_3
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