This book, first published in 1983, offers a new explanation for the poor performance of British manufacturing since 1950. Rather than invoke orthodox economic theory or general social factors, the book analyses four national conditions – enterprise control over the labour process; market structure and the composition of demand; the relation of manufacturing enterprise to financial institutions like banks and stock exchanges; and the relation of manufacturing enterprise to government.
Introduction: Why are the British Bad at Manufacturing? Case Studies 1. GEC – An Outstanding Success? 2. Shipbuilding – Demand Linkage and Industrial Decline 3. BMC/BLMC/BL – A Misunderstood Failure