Economic Restructuring: The British Experience

In: The annals of the American Academy of Political and Social Science, Band 475, S. 137-157

Abstract

A discussion of certain aspects of British economic decline. After a short historical review of British economic performance, the phenomenon of deindustrialization is examined. Two major economic theories of deindustrialization are discussed alongside empirical evidence of the recent, rapid decline in GB's manufacturing base & its worsening trade performance in goods & services. The effects of multinational corporations are also briefly examined. Attention is given to some of the social & political aspects of deindustrialization. In particular, evidence on poverty, unemployment, & living standards is discussed in relation to a sociological model that attempts to explain certain apparent paradoxes of British society. This model is an extension of T. H. Marshall's work on citizenship & SC (see SA 13:3/65B6184) & serves to highlight both the continuing stabilizing effects of the modern status order & the possibility of further clashes between the competing claims of citizenship & SC. HA.