14

Want and plenty, 1945–85

 

 

 

When the first edition of Plenty and Want was published in 1966 it was justifiable to write:

Since 1945 the British economy has remained on the whole buoyant and prosperous: although some traditional industries have lost ground to foreign competitors other, newer ones have largely taken their place, and unemployment has in most years been limited to the 2 or 3 per cent which some economists regard as necessary to ensure labour mobility. The nation has accepted from the sociologist the label of ‘the affluent society’ ...

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