British Capitalism at the Crossroads, 1919–1932: A Study in Politics, Economics, and International Relations - Hardcover

Boyce, Robert W. D.

 
9780521325356: British Capitalism at the Crossroads, 1919–1932: A Study in Politics, Economics, and International Relations

Synopsis

In the aftermath of the First World War British politics were subordinated to the goal of reconstructing a multilateral trade and payments system. This decision must be understood as the result of the peculiar structure of British capitalism wherein mercantile and financial activity rather than manufacturing industry provided the core of wealth of the dominant community. For a decade, Britain made a signal contribution to the restoration of multilateralism. With the world at a turning-point in 1928, British policy remained committed to reform through multilateral action, particularly once the Labour party resumed office. But the practical effect of policy was the opposite of that intended. Dogmatic opposition to all second-best alternatives helped drive all countries, Britain included, away from internationalism towards a narrow nationalism and economic protectionism. The account ends in 1932 when Britain embarked upon an active imperial policy while the rest of the world headed towards another war. Using a wide range of primary sources, the author presents an account which integrates the economic, political and diplomatic events of the period.

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Book Description

This book examines the reconstruction of the British economy in the aftermath of the First World War up until the break of the second. Using a wide range of primary sources, the author presents an account which integrates the economic, political and diplomatic events of the period.

About the Author

Robert Boyce is Senior Lecturer in International History, London School of Economics.
Joseph A. Maiolo is Lecturer in International History, Department of War Studies, King's College London.

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Other Popular Editions of the Same Title

9780521124973: British Capitalism at the Crossroads, 1919–1932: A Study in Politics, Economics, and International Relations

Featured Edition

ISBN 10:  0521124972 ISBN 13:  9780521124973
Publisher: Cambridge University Press, 2009
Softcover