Originally published in 1982, this book examines the problem and
looks at the causes of the repeated crises which the country has
undergone since the war. The basic cause is stated to be the
failure to invest in the modernisation of the British capital
equipment and the consequent loss of competitive power. This
failure, in turn, is seen to be the result of Government policies
which, for the sake of a variety of short-term aims, sacrificed the
future by deliberately inhibiting investment.
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