By David Reisman
Anthony Crosland, a member of Harold Wilson's cupboard and the writer of the way forward for Socialism, used to be an influential British social democrat. His formidable reappraisal of nationalised possession and controlled company keeps to stimulate dialogue within the debate approximately administration as opposed to industry. Anthony Crosland: The combined economic climate examines Crosland's arguable method of capital and keep an eye on, situating his try to redefine the industrial foundation of socialism within the context of his personal reports and the highbrow culture of the philosophical heart floor.
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Extra resources for Anthony Crosland: The Mixed Economy
The position was not an obvious one for a political intellectual whose strengths lay in egalitarianism and economics rather than diplomacy. Crosland lacked the background of Jim Callaghan, his predecessor, who had been Shadow Foreign Secretary, or of David Owen, his successor, who was already the Minister of State and had previously been at Defence. Interested in international socialism and international trade, Crosland was, at least at first, surprisingly insular with respect to the international blowby-blow which he clearly found more difficult than, say, education or housing to situate in the moral philosophy of equality and welfare.
New universities were being constructed, austerity was in the air; and the Secretary of State may not in the event have been actualising a meritocratic ideal in the binary system so much as bowing before the inevitability of the second best. In the reshuffle of summer 1967 Crosland was made President of the Board of Trade. Although an economics portfolio and as such a small step in the direction of the Chancellorship, he appears not to have welcomed the new challenge with open arms. '82 Pharmaceutical exports to Greece, imported chipboard, the rehousing of the Patent Office and the status of flat glass were evidently not his cup of tea, even if fish fillets and the weather off Iceland were presumably of greater interest to an elective Grimbarian.
The most pressing challenge facing Britain in the summer and winter of 1976-77 was in any case not fish and not Africa but the balance of payments. 64 and threatened to fall further, the Government announced the intention of borrowing £2300 million from the International Monetary Fund. November 1967 was back again. The new Prime Minister cannot have failed to appreciate the coincidence. The economic crisis was in the first instance the responsibility of the Prime Minister and the Chancellor of the Exchequer.