Dilemmas of Public Ownership

Martyn Sloman

Chapter 5 in Socialising Public Ownership, 1978, pp 85-102 from Palgrave Macmillan

Abstract: Abstract One lesson to be learned from the case studies presented in the previous chapter, especially the discussion on the steel industry, is that a demand for nationalisation by itself cannot constitute a complete industrial policy. However strong the case for public ownership, practical problems remain to be solved once an industry is nationalised. If these problems are not recognised and a transfer in ownership is seen as the complete answer, disillusionment with the performance of public ownership will inevitably result.

Keywords: Board Member; Steel Industry; Industrial System; Public Ownership; Labour Party (search for similar items in EconPapers)
Date: 1978
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DOI: 10.1007/978-1-349-03512-0_5

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