The intensity of the Labour Party’s post-war debates demonstrates the central place that public ownership occupies in orthodox British socialism. The failure to undertake a parallel debate on the organisation of publicly owned industry has, however, created a gap between theory and practice. Quite simply there have been insufficient attempts to relate the organisation structure and the operational rules of the nationalised industries to the socialist ideas that are held by many supporters of public ownership.
KeywordsWhite Paper Coal Industry Transport Policy Marginal Cost Price Public Ownership
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