THE DECLINE AND FALL OF BRITISH CAPITALISM by Keith Hutchison

THE DECLINE AND FALL OF BRITISH CAPITALISM

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KIRKUS REVIEW

A scholarly, factual, politico-economic history of England, from the 1880's to World War II (with an appended section on today's Labor regime) which points up and explains the developments in British politics which have led to British Labor rule. The revolution is slow motion, as the author calls it, starting with the Third Reform Act which extended the franchise to a working class majority in the electorate, and he traces the series of governments, the intellectual leadership of the Fabians, the evolution of the Labor Party at the turn of the century. British capitalism weakened in the face of stronger competition from Germany and the United States, the impact of wars, and after 1918 the inflation which broke down the international monetary system and free market. With the increasing power of liberalism, the governments in power became less able to rehabilitate British capitalism by tightening the belt of the working man, and newly attained economic and political equality led to the Labor Government of 1945. A liberal, learned review of recent English history for the serious reader.

Publisher: Scribner