With the advent of Thatcherism in the UK and Reaganomics in the USA, ‘industrial policy’ had become something of a discredited notion in the 1980s. The emphasis had shifted to programmes of deregulation, de-nationalization, and tax reform.
The essays in this challenging and vigorous collection, first published in 1989, sprung from work that had been conducted in the USA, notably at the Harvard Business School, on reappraising the role of the public sector in industrial management. This American work suggested ways in which public sector and other bodies might have revitalized...
With the advent of Thatcherism in the UK and Reaganomics in the USA, ‘industrial policy’ had become something of a discredited notion in the 19...
These essays develop a Marxist response to and approach to aspects of the recent economic past in the United Kingdom. They reflect issues and controversies that have arisen within economic policy debate and the economic theory associated with the debate, highlighting the problematic nature of economic policy in the period since the mid-1970s. The book, first published in 1986, develops a line of argument organized around issues of ‘calculation’, thus challenging the orthodox Marxist framework and presenting a neo-Marxist analysis.
These essays develop a Marxist response to and approach to aspects of the recent economic past in the United Kingdom. They reflect issues and contr...