New Technology

Roy Hattersley

Chapter 8 in Economic Priorities for a Labour Government, 1987, pp 104-115 from Palgrave Macmillan

Abstract: Abstract In the Labour Party we welcome the arrival of new technology for more positive reasons than that its domination of the economy is now inevitable. Certainly the progress of the second industrial revolution is irresistible. Industries — old and new — which do not take advantage of the benefit which new technology brings will simply find themselves out of business. And workers who attempt to hinder its progress will be trampled down by more efficient competition. But new technology is not an ogre to be propitiated by sacrifice because it cannot be resisted. It is a great force for increased wealth which — if properly harnessed — can bring Britain the growth and prosperity which has eluded us for so long.

Keywords: Economic Climate; High Education Sector; Labour Party; Economic Priority; Efficient Competition (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18608-2_8

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DOI: 10.1007/978-1-349-18608-2_8

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