The authors use a long-wave framework to examine the historical evolution of British industrial capitalism since the late-18th century, and present a challenging and distinctive economic history of modern and contemporary Britain. The book is intended for undergraduate courses on the economic history of modern Britain within history, economic and social history, economic history and economic degree schemes, and economic theory courses.

Lloyd-Jones, Roger; Lewis, Merv

Introduction: theories of industrial capitalism and the long wave: a neo- Schumpetern approach PART I The first Kondratieff The Industrial Revolution Kondratieff: the structural balance of the economy; The road to free trade and the crisis of industrial capitalism c. 1815 to 1840s PART II The second Kondratieff Britain as the workshop of the world: the supremacy of manufacturing in mid-Victorian Britain; The faltering industrial economy: a Kondratieff in the late Victorian period PART III The third Kondratieff Chandler's critique of British industrial capitalism: the legacy of the small manufacturing firm examined; Business and the State: industry in the Great Depression PART IV The fourth Kondratieff The long boom: British manufacturing success or failure c. 1950--73; De-industrialization: the manufacturing base and the Thatcher experimen.