ABSTRACT
The idea of co-operation at the level of the individual industry or branch is an old one, and originates mainly in the efforts of the labour movement to create industrial democracy alongside political democracy. Co-operation at branch level, with or without consultation with representatives of the employees, always runs the risk of being bedevilled by a preoccupation with maintaining a structure in which the weaker enterprises also retain their position. The essential point about planning of this kind is that the object of the discussions must not be for the Government to dictate to industry, but to ascertain in what ways economic policy can best be co-ordinated with the actions of private industry and the labour market organizations in order to provide for a more rapid rate of economic expansion and higher productivity, from which every group gains.
