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‘Money Makes the World Go Around’

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Abstract

The title of this chapter is taken from a song in the popular film Cabaret.1 Although the film is set in the Germany of the 1930s it appeared in 1972 and those particular words sum up a crucial sentiment in the Britain this book is exploring. The idea in the film, that ‘life is a cabaret’, seems especially appropriate to the history of British economics in the period from the 1950s. Governments have often sought popularity by increasing people’s material wealth, but have been simultaneously afraid of doing so by too much, too quickly; or have tried to shelter the British individual’s affluence in times of international economic storm. This has provided a cabaret setting in that collective moods have swung from happiness to sadness, laughter to tears, hope to fear.

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Chapter 2 ‘Money Makes the World Go Around’

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© Brian Spittles 1995

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