Britain's Corporatism in the 1970s: State-Business-Labor Relations*

Young Namkoong

International Area Studies Review, 2008, vol. 11, issue 2, 245-265

Abstract: It seems that corporatism has appeared as one major form of response to crises such as the world-wide depression of the early 1970s. This corporatist model is characterized by well organized centralized economic interest groups interacting under governments guidance in which they, as functional representatives, take part in decision-making involving the major interrelated issues of modern political economy. However, in the British system, the corporatism was in fact never a complete system. Indeed, it was always disrupted by shifts in policy as a result of the adversary mood of the parties and of Parliament. Not only did one side of the House of Commons prefer one corner of the triangle, and the other side the other corner, but their entire attitude to the new harmony differed. For example, Labor had a natural inclination to try and control prices, whereas Conservatives tended to hold down wages.

Keywords: Corporatism; Pluralism; Britain; tripartism (state-business-labor); Interest Intermediation (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:intare:v:11:y:2008:i:2:p:245-265

DOI: 10.1177/223386590801100213

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