ABSTRACT

The economy which we are considering has developed rapidly over a comparatively short historical period, and one which has seen much violence and hardship. The structure and the problems which have arisen are intimately related to the process of change, and the development. of the economy itself sets up new strains and throws up new problems. It is therefore most important to look at the questions discussed in the following chapters with some sense of historical perspective, not in order to argue that the solutions actually adopted were morally 'right', but to see why they were adopted, or why solutions apposite at one period are rejected or questioned at another.