Abstract
I believe we shall increasingly interpret a significant element in the interwar sluggishness of Western Europe as due to the process of disengagement from the old leading sectors of the pre-1914 and wartime years and to the rather slow preparation for the age of high mass-consumption which, in the 1950s, at last fully seized Western Europe, as the lessons of income analysis were learned and the old men of steel and electricity and heavy chemicals were superseded by the bright young men of automobiles and plastics, electronics, and aeronautics. ( The Stages of Economic Growth) 1
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© 1982 Charles P. Kindleberger and Guido di Tella
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Von Tunzelmann, G.N. (1982). Structural Change and Leading Sectors in British Manufacturing, 1907–68. In: Kindleberger, C.P., di Tella, G. (eds) Economics in the Long View. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06293-5_1
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