The Labour Party and the Planned Economy, 1931-1951


Book Description

An exploration of Labour's 1931 pledge to create a planned socialist economy and the reasons for its failure to do so. In the general election of 1931, the Labour Party campaigned on the slogan "Plan or Perish". The party's pledge to create a planned socialist economy was a novelty, and marked the rejection of the gradualist, evolutionary socialism to which Labour had adhered under the leadership of Ramsay MacDonald. Although heavily defeated in that election, Labour stuck to its commitment. The Attlee government came to power in 1945 determined to plan comprehensively. Yet, the aspiration to create a fully planned economy was not met. This book explores the origins and evolution of the promise, in order to explain why it was not fulfilled. RICHARD TOYE lectures in history at Homerton College, Cambridge.




How Labour Governments Fall


Book Description

What similarities exist between the reasons for Labour losing office in 2010 and those behind why previous Labour governments were defeated? This edited volume provides a detailed historical appraisal which considers the importance of themes such as economic performance; political leadership and the condition of the Conservatives in opposition.




Political Economy and the Labour Party, 2nd Edition


Book Description

`In Political Economy and the Labour Party, Noel Thompson gives an informative and stimulating outline of the ideas and theories that have shaped the party’s economic policy since 1900.’ - Times Literary Supplement A new edition of the American Library Association's `Outstanding Academic Book' award winner. This new volume brings this study of the rich tradition of British socialist political economy and its influence on the British Labour Party fully up-to-date. Surveying the Labour tradition from the Fabianism of the Webbs to the `social-ism’ of Tony Blair’s Third Way, this new edition considers the critical engagement of these political economies with capitalism and the policies they articulate. It also discusses the manner in which they influence, or establish the context for, Labour’s economic thinking and policymaking and traces the ideological trajectory British social democratic political economy over the course of the twentieth century. In its concluding chapter this volume assesses the present character of the political economy advanced by the Labour Party and raises the question as to whether it can any longer be considered part of the social democratic tradition. This is an essential new edition of this now standard text for students taking courses on the history of political and economic thought and, more generally, courses on the political and intellectual history of nineteenth- and twentieth-century Britain.




A Short History of the Labour Party


Book Description

Now in its eleventh edition, this book provides a concise introductory account of the Labour Party from its foundation up to Tony Blair's leadership, and the subsequent redrafting of the party's statement of aims in its constitution. It describes the main groups involved in the foundation of the party and the main influences on its changes of policy. It also describes the role of the trade unions within the party and their relations with the parliamentary leadership and the rank-and-file members. It concludes by discussing the problems Labour has faced in gaining an effective parliamentary majority, and the solutions which have been devised by successive generations of the party's leadership. This book thus provides the essential background for an understanding of current politics.







A Short History of the Labour Party


Book Description

This text provides an introductory account of the Labour Party from its foundation. It not only covers the period up to and including the election of Neil Kinnock as the leader of the Labour Party but also concentrates on the problems of the parliamentary leadership.




Remembering and Learning from Financial Crises


Book Description

The chapters in this book reflect on people's relationships with past financial crises - from public opinion to business leaders and policy makers. In connection with financial crises, Remembering and Learning from Financial Crises addresses three fundamental questions: first, are financial crises remembered, and if so how? Second, have lessons been drawn from past financial crises? And third, have past experiences been used in order to make practical decisions when confronted with a new crisis? These questions are of course related, yet they have been approached from different historical perspectives, using methodologies borrowed from different academic disciplines. One of the objectives of this book is to explore how these approaches can complement each other in order to better understand the relationships between remembering and learning from financial crises and how the past is used by financial institutions. It thus recognises financial crisis as a recurring phenomenon and addresses the impact that this has in a range of public and policy contexts.




Hitler's Shadow Empire


Book Description

A revealing look at Nazi involvement in the Spanish Civil War, their economic ambitions, how it came to be, and how they operated. Pitting fascists and communists in a showdown for supremacy, the Spanish Civil War has long been seen as a grim dress rehearsal for World War II. Francisco Franco’s Nationalists prevailed with German and Italian military assistance—a clear instance, it seemed, of like-minded regimes joining forces in the fight against global Bolshevism. In Hitler’s Shadow Empire Pierpaolo Barbieri revises this standard account of Axis intervention in the Spanish Civil War, arguing that economic ambitions—not ideology—drove Hitler’s Iberian intervention. The Nazis hoped to establish an economic empire in Europe, and in Spain they tested the tactics intended for future subject territories. The Nazis provided Franco’s Nationalists with planes, armaments, and tanks, but behind this largesse was a Faustian bargain. Through weapons and material support, Germany gradually absorbed Spain into an informal empire, extending control over key Spanish resources in order to fuel its own burgeoning war industries. This plan was only possible and profitable because of Hitler’s economic czar, Hjalmar Schacht, a “wizard of international finance.” His policies fostered the interwar German recovery and consolidated Hitler’s dictatorship. Though Schacht’s economic strategy was eventually abandoned in favor of a very different conception of racial empire, Barbieri argues it was in many ways a more effective strategic option for the Third Reich. Deepening our understanding of the Spanish Civil War by placing it in the context of Nazi imperial ambitions, Hitler’s Shadow Empire illuminates a fratricidal tragedy that still reverberates in Spanish life as well as the world war it heralded. Praise for Hitler’s Shadow Empire “A fascinating, beautifully written account of a plan for the German economic domination of Europe that was pushed in the 1930s by the Nazis but above all by non-Nazi and more traditionally oriented German economic bureaucrats. Barbieri makes us think again about the relationship between economics and racial policies in the making of Nazi aggression.” —Harold James, author of Making the European Monetary Union “Hitler’s Shadow Empire recasts our understanding of the German and Italian interventions in the Spanish Civil War. In this brilliant debut, Barbieri shows that informal imperialism played a more important part than fascist ideology in the way that Berlin looked at the conflict. Barbieri also has a keen ear for the continuing echoes of the Civil War for Spain—and indeed for Europe—today.” —Niall Ferguson, author of The Ascent of Money




Grand Pursuit


Book Description

In a sweeping narrative, the author of the megabestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It’s the epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate. Nasar’s account begins with Charles Dickens and Henry Mayhew observing and publishing the condition of the poor majority in mid-nineteenth-century London, the richest and most glittering place in the world. This was a new pursuit. She describes the often heroic efforts of Marx, Engels, Alfred Marshall, Beatrice and Sydney Webb, and the American Irving Fisher to put those insights into action—with revolutionary consequences for the world. From the great John Maynard Keynes to Schumpeter, Hayek, Keynes’s disciple Joan Robinson, the influential American economists Paul Samuelson and Milton Freedman, and India’s Nobel Prize winner Amartya Sen, she shows how the insights of these activist thinkers transformed the world—from one city, London, to the developed nations in Europe and America, and now to the entire planet. In Nasar’s dramatic narrative of these discoverers we witness men and women responding to personal crises, world wars, revolutions, economic upheavals, and each other’s ideas to turn back Malthus and transform the dismal science into a triumph over mankind’s hitherto age-old destiny of misery and early death. This idea, unimaginable less than 200 years ago, is a story of trial and error, but ultimately transcendent, as it is rendered here in a stunning and moving narrative.




NYE


Book Description

Aneurin – Nye – Bevan was one of the pivotal Labour Party figures of the post-war era in Britain. As Minister for Health in Attlee's government, his role in the foundation of the National Health Service, the world's largest publically-funded health service, changed the face of British society forever. The son of a coal miner from South Wales, Bevan was a life-long champion of social justice and the rights of working people, as such becoming one of the leading proponents of Socialist thought in Britain. In this book, acclaimed author Nicklaus Thomas-Symonds provides the first full biography of Bevan in over two decades. Drawing on first-hand interviews as well as recently released sources, he provides a unique portrait of one of the great British statesmen of the twentieth century.