Download PDF by Terry Gourvish, Alan O’Day (eds.): Britain Since 1945

By Terry Gourvish, Alan O’Day (eds.)

ISBN-10: 0333491580

ISBN-13: 9780333491584

ISBN-10: 1349216038

ISBN-13: 9781349216031

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Extra info for Britain Since 1945

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By the end of the 1980s the former was higher in the UK than in Japan, the USA and West Germany, but below the level in France and Italy. The inflation rate, after falling consistently throughout the 1980s, began to accelerate after 1987, a record at the end of the decade worse than in all other advanced economies except Italy. Business investment (incorporating private investment in new housing and investment by all businesses classed as public corporations at the beginning of the period) also exhibits unclear trends.

The former gave rise to the neoclassical economy of the nineteenth century which institutionalised the small-scale firm and labour power over work processes in the pre-mass-production era. The response of 30 BRITAIN SINCE 1945 industrialists to mounting foreign competition after 1880 was to retreat into imperial and latterly Commonwealth markets - a movement which obviated the necessity for radical institutional change. All of these trends were compounded by cultural factors - the general contempt for technical education, the growing resistance to the values of 'industrialism' and the consequent low status of industrial management as a profession.

Whereas many other European countries in the post-war era paid substantial child allowances and other forms offamily grant, Britain until the late 1970s paid very small 'universal' family allowances (excluding first and only children) and channelled the bulk of its family support services through means-tested public assistance. 26 In the National Health Service priorities were different, in that the old Poor Law principle of concentrating public services upon the poor was abandoned in favour of equal access for all citizens.

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Britain Since 1945 by Terry Gourvish, Alan O’Day (eds.)

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