Aled Davies, “The City of London and Social Democracy: The Political Economy of Finance in Post-war Britain” (Oxford UP, 2017)

In Conversation: An OUP Podcast · Sep 12, 2017 · 47m

In the decades following the end of the Second World War, the British economy evolved from a manufacturing-based economy to one driven by service industries, most notably finance. As Aled Davies explains in his book The City of London and Social Democracy: The Political Economy of Finance in Post-war Britain (Oxford University Press, 2017), this shift posed a challenge to the prevailing concept of social democracy in Britain, one to which politicians, particularly those on the left, struggled to respond. With British industry facing growing competition abroad, successive governments in the…