Studies in economic & social history
1 total work
By the 1970s, a large part of the British economy had passed from private to public ownership, a trend which was reversed in the 1980s. The aim of this book is to explain the reasons for the shift in the boundary between public and private enterprise. How far was it the result of an ideological commitment to public ownership and suspicion of private monopolies? To what extent did regulation of private firms lead to inefficiencies which led to public ownership?