The Appearance of Crisis

  • Andrew Gamble
  • Paul Walton
Part of the Critical Social Studies book series


It is merely another indication of the depth and breadth of the present economic and political crisis that the leading establish­ment newspaper is found to share the occupational pessimism of the economic pundits. During the post-war boom which has recently been so rudely terminated, The Times together with lead­ing politicians regularly assured us that class struggles and crises were things of the past, that a new society was emerging, that, with properly run government, prosperity and expansion were assured. Academics discussed the post-industrial and affluent societies, television programmes began to cover the so-called ‘leisure problem’. Economists were cheery, optimistic men, and the trade-union shop steward was something of a media joke.


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Notes and References

  1. 1.
    ‘Can Social Democracy Survive’, The Times editorial (18 Oct 1974).Google Scholar
  2. 4.
    Cf. John Westergaard and Henrietta Resler, Class in Contemporary Britain ( London: Heinemann, 1975 ).Google Scholar
  3. 5.
    D. Jackson, H. A. Turner and F. Wilkinson, Do Trade Unions Cause Inflation? (Cambridge University Press, 1972 ).Google Scholar
  4. 7.
    A. R. Prest and D. J. Coppock (eds), The U.K. Economy ( London: Weidenfeld & Nicolson 1972 ) p. 264.Google Scholar
  5. 8.
    A. Glyn and B. Sutcliffe, British Capitalism, Workers and the Profits Squeeze ( Harmondsworth: Penguin, 1972 ).Google Scholar
  6. 9.
    Robin Blackburn, ‘The Heath Government: A New Course for British Capitalism’, New Left Review, no. 70 (Nov-Dec 1971 ).Google Scholar
  7. 11.
    Frances Cairncross and Hamish McRae, The Second Great Crash ( London: Methuen, 1975 ).Google Scholar
  8. 15.
    J. M. Keynes, Economic Consequences of the Peace ( London: Macmillan, 1919 ) p. 220.Google Scholar
  9. 16.
    ‘Inflation and the Retail Price Index’, Labour Research, vol. 64, no. 3 (Mar 1975) pp. 59–60.Google Scholar
  10. 23.
    Tony Cliff, The Crisis: Social Contract or Socialism (London : Pluto Press, 1975). Google Scholar
  11. 24.
    L. A. Dicks-Mireaux, ‘Inflation in Post-War Britain’, in Inflation, ed. R. J. Ball and Peter Doyle ( Harmondsworth: Penguin, 1969 ).Google Scholar
  12. 30.
    M. Parkin, ‘The U.K. Evidence on the Causes of Inflation’, in Inflation and the Unions ( London: Institute of Economic Affairs, 1972 ) p. 76.Google Scholar
  13. 37.
    Anthony Robinson, ‘Return from the Verge of Disaster’, Financial Times (28 Feb 1975).Google Scholar
  14. 39.
    Cf. M. Barratt Brown, What Economics is About ( London: Weidenfeld & Nicolson, 1970 ).Google Scholar

Copyright information

© Andrew Gamble and Paul Walton 1976

Authors and Affiliations

  • Andrew Gamble
  • Paul Walton

There are no affiliations available

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