Skip to main content

Intervention and the Crisis

  • Chapter
State Shareholding
  • 4 Accesses

Abstract

This chapter will examine the crisis of the British economy since the mid-1960s. It will concentrate on three elements of the crisis which have influenced the emergence of local and regional shareholding: firstly, the restructuring of British industry, and the role the state has played in this; secondly, the ‘property boom’, and the role the state has played in this, too; and thirdly, the pressures by central government to reduce state expenditure. We will then go on to look at the spatial implications of these elements of the crisis; in other words, we will look at how far they have affected different parts of the country differentially.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 29.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 39.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. K. Marx, Capital, vol. I (Lawrence & Wishart, 1974).

    Google Scholar 

  2. Economic Trends, no. 263 (HMSO, September 1975); quoted in J. T. Winkler, ‘Corporatism’, European Journal of Sociology, XVII (1976).

    Google Scholar 

  3. C. Johnson, Anatomy of UK Finance, 1920–75 (Financial Times, 1976) p. 56.

    Google Scholar 

  4. G. Meeks and G. Whittington, ‘Giant Companies in the UK, 1948–69’, Economic Journal, 85 (December 1975) and Royal Commission, on the Distribution of Income & Wealth, op. cit.

    Google Scholar 

  5. S. J. Prais, The Evolution of Giant Firms in Britain (Cambridge University Press, 1976). Prais defines small firms as establishments with ten employees or less.

    Google Scholar 

  6. G. Bannock, The Smaller Business in Britain & Germany (Wilton House, 1976) pp. 69–70.

    Google Scholar 

  7. M. Stewart, ‘Labour and the Banks’, New Society (23 September 1976).

    Google Scholar 

  8. Victor Keegan and Frances Cairncross, Guardian, (1 July 1976).

    Google Scholar 

  9. Adapted from N. Poulantzas, Classes in Contemporary Capitalism (New Left Books, 1975) pp. 142–3.

    Google Scholar 

  10. J. Hughes, Funds for Investment (Fabian Research Series 325, 1976) p. 4.

    Google Scholar 

  11. P. Townsend and N. Bosanquet (eds), Labour and Inequality (Fabian Society, 1972).

    Google Scholar 

  12. M. Chisolm, ‘Regional Policies in an Era of Slow Population Growth and Higher Unemployment’, Regional Studies, vol. 10, no. 2 (1976) p. 202.

    Google Scholar 

  13. O. Marriott, The Property Boom (Pan Books, 1969) p. 16.

    Google Scholar 

  14. M. Harrison, ‘Town Centre Redevelopment’, Municipal and Public Services Journal (21 June 1974).

    Google Scholar 

  15. G. Adams, ‘The Highlands Dilemma’, New Society (26 February 1976).

    Google Scholar 

  16. Department of the Environment, Report of Working Party on Local Authority/Private Enterprise Partnership Schemes (HMSO, 1972).

    Google Scholar 

  17. P. B. Rogers and C. R. Smith, ‘The Local Authority’s Role in Economic Development; the Tyne and Wear Act 1976’, Regional Studies, vol. II, no. 3 (1977).

    Google Scholar 

  18. Northern Region Strategy Team, Strategic Plan for the Northern Region, vol. 1, Main Report (HMSO, 1977).

    Google Scholar 

  19. The Royal Town Planning Institute, Memorandum of Observations Submitted to the Department of the Environment on the Inner Area Studies (March 1977).

    Google Scholar 

  20. West Midlands County Council, Annual Economic Review, no. 2 (March 1977).

    Google Scholar 

Download references

Authors

Copyright information

© 1978 Richard Minns and Jennifer Thornley

About this chapter

Cite this chapter

Minns, R., Thornley, J. (1978). Intervention and the Crisis. In: State Shareholding. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03768-1_2

Download citation

Publish with us

Policies and ethics