ABSTRACT

First published in 1985. In the 1930s the Labour Party undertook a deliberate search for a viable economic programme to introduce a democratic socialism to Britain. Against the background of the economic turmoil of the period, a group of young economists working for the party thrashed out the theoretical and practical implications of the Keynesian revolution, the planning controversies and the new market socialism. New Jerusalems examines in detail this collective enterprise in economic policy-making. This title will be of great interest to scholars and students of political history.

chapter |8 pages

Introduction

part I|1 pages

The Heritage

chapter Chapter 1|13 pages

Economics, policy making and the Labour party

chapter Chapter 2|22 pages

Market theory and socialist economics

chapter Chapter 3|25 pages

Economic policy and the Labour party 1918–31

part II|1 pages

The Search

chapter Chapter 4|20 pages

New brooms, new policies: the labour party 1931–5

chapter Chapter 5|23 pages

The new generation

chapter Chapter 6|17 pages

Cole and the New Fabians attack traditional policy

chapter Chapter 7|27 pages

The New Fabians attack unemployment

chapter Chapter 8|26 pages

The New Fabians plan for socialism

chapter Chapter 9|17 pages

The new generation rethinks economic strategy

part III|1 pages

Socialism in our time

chapter Chapter 11|16 pages

The new socialist economics

chapter Chapter 12|22 pages

Labour’s new programme

chapter Chapter 13|15 pages

The new economic revisionism

chapter Chapter 14|7 pages

Conclusions