Parties and Prospects: The Third Way
On the general ground that it would much reduce the excessive influence of the extremes of Left and Right, the advent on the parliamentary scene of the Social Democratic Party (SDP)-Liberal Alliance in sufficient strength should of itself improve the prospect of introducing and maintain a policy of positively promoting the industrial co-operative sector. To appraise the prospect for Industrial Co-operation in the political scenario that the Alliance would write, to see whether as parties of progressive reform, the SDP and Liberals would provide for it the effective and continuing political advocacy it needs to look at their statements of policy and the reasons for them. The case for industrial democracy is seen as a moral one and as necessary to the regeneration of the national economy's industrial base. It is that assertion of equality of esteem that vindicates the claim that industrial democracy is inherent in Industrial Co-operation.