This book, first published in 1983, offers a new explanation for the poor performance of British manufacturing since 1950. Rather than invoke orthodox economic theory or general social factors, the book analyses four national conditions – enterprise control over the labour process; market structure and the composition of demand; the relation of manufacturing enterprise to financial institutions like banks and stock exchanges; and the relation of manufacturing enterprise to government.

part |151 pages

Case Studies

chapter 1|46 pages

GEC: An Outstanding Success?

Edited ByJohn Williams

chapter 3|65 pages

BMC/BLMC/BL- A misunderstood failure