Latest editorial
MAYER WAKEFIELD recommends a timely and brilliantly performed antidote to racism in times of Jenrick-inflected jingoism
Books: Acute analysis of Britain's mixed-economy mishaps
The bard weighs in to the BBC debate with the nine pints of Stella theory
MICHAL BONCZA, ANGUS REID and MARIA DUARTE review Alpha, Park Avenue, The Running Man, and Left Handed Girl
ALEX HALL recommends a considered and clear approach to dismantling apartheid and occupation, were Israel to come to its senses
Chris Searle speaks to saxophonist and composer SOWETO KINCH
The Arctic in Guillermo del Toro’s Frankenstein reveals more about imperialism than about monsters, suggests MONICA GERMANA
The Reinvention of Britain 1960-2016
by Scott Newton
(Routledge, £23.99)
IN 1945, Labour introduced a programme of full employment, public ownership and the welfare state. A brave new world of economic expansion and renewal, it was interrupted by problems of inflation, the adverse balances of international payments and the runs on sterling which continued under later Tory governments.
Those problems continued under the Labour government of Harold Wilson, which in 1964 put the accent on planning and supply side reforms. But the aim of increased growth of 25 per cent up to 1970 was a target not achieved.
Similar stories
Exempting military expenditure from austerity while slashing welfare represents a fundamental misallocation of resources that guarantees continued decline, argues MICHAEL BURKE
Labour’s fiscal policy is already in trouble. But simply printing money is not a solution, says the Marx Memorial Library and Workers School
In his first of a new monthly economics column MICHAEL BURKE argues that public-sector investment is more effective, more productive than private-sector investment
