The Boards and their Staffs

R. Kelf-Cohen

Chapter 11 in British Nationalisation 1945–1973, 1973, pp 182-210 from Palgrave Macmillan

Abstract: Abstract The Socialists, when planning nationalisation, paid little attention to the all-important human factor. There was a vague optimism among the theorists of Socialism that once an industry was transferred from private to public ownership a complete change would come over the outlook of all those engaged in the industry. Their attitude would become one of devotion to the public good. Sordid motives would disappear with the disappearance of the capitalist. A selfless race of managers would appear, whose object would be to manage the industry for the benefit of the community. The nationalised industries would, in their morale and outlook on life, provide a startling contrast to private enterprise, which was dominated by greed and the profit motive.

Keywords: Board Member; Trade Union; Private Enterprise; Industrial Worker; Senior Officer (search for similar items in EconPapers)
Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-01541-2_11

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DOI: 10.1007/978-1-349-01541-2_11

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