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Dilemmas of Public Ownership

  • Martyn Sloman

Abstract

One lesson to be learned from the case studies presented in the previous chapter, especially the discussion on the steel industry, is that a demand for nationalisation by itself cannot constitute a complete industrial policy. However strong the case for public ownership, practical problems remain to be solved once an industry is nationalised. If these problems are not recognised and a transfer in ownership is seen as the complete answer, disillusionment with the performance of public ownership will inevitably result.

Keywords

Board Member Steel Industry Industrial System Public Ownership Labour Party 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Martyn Sloman 1978

Authors and Affiliations

  • Martyn Sloman

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