ABSTRACT
This chapter illustrates incidents from British history. The demand management of the United Kingdom (UK) economy was governed largely by policies, the raison d'etre of which was the promotion of exports. The UK had full employment until the end of the seventies. The macro-economic strategy was sharpened to make redundant some of the workers producing for the home market; it was hoped that export manufacturers would snap them up. The vocation of planning is treated with more awe in India than in the Organisation for Economic Co-operation and Development economies. Many of them agree with their Western confreres that it is possible and desirable to regiment non-Communist economies through specific rationing orders, so that exports can be organised 'at the cost of home consumption'. In theory, the fixing of prices and wages was part of a concerted effort to protect the poor from the exploitation of rapacious traders and manufacturers.
