The first synthesis of Britain's long-term economic performance in more than a decade, this book examines why British economic growth has failed to keep pace with the performance of the other advanced industrial economies since 1870.

This book sets out the present state of the discussion of the decline in British industry and introduces new directions in which the debate is now proceeding.

This eleventh edition was developed during the encyclopaedia's transition from a British to an American publication. Some of its articles were written by the best-known scholars of the time and it is considered to be a landmark encyclopaedia for scholarship and literary style.

James Hamilton-Paterson turns his literary and analytical skills to the wider picture of Britain's lost industrial and technological civilisation.

Michael Dintenfass provides a challenging account of Britain's economic performance since 1870. He combines a succinct, clearly-written survey of recent scholarly work in British economic and business history with an original interpretive alternative to the institutionalized accounts of Britain's relative decline. Dintenfass addresses both specifically economic questions and socio-historical questions to place Britain's economic history in its broadest context.

The place of science and technology in the British economy and society is widely seen as critical to our understanding of the British 'decline'. There is a long tradition of characterising post-1870 Britain by its lack of enthusiasm for science and by the low social status of the practitioners of technology. David Edgerton examines these assumptions, analysing the arguments for them and pointing out the different intellectual traditions from which they arise. Drawing on a wealth of statistical data, he argues that British innovation and technical training were much stronger than is generally believed, and that from 1870 to 1970 Britain's innovative record was comparable to that of Germany. This book is a comprehensive study of the history of British science and technology in relation to economic performance. It will be of interest to scientists and engineers as well as economic historians, and will be invaluable to students approaching the subject for the first time.

This book examines the decline of the cotton textiles industry, which defined Britain as an industrial nation, from its peak in the late nineteenth century to the state of the industry at the end of the twentieth century. Focusing on the owners and managers of cotton businesses, the authors examine how they mobilised financial resources; their attitudes to industry structure and technology; and their responses to the challenges posed by global markets. The origins of the problems which forced the industry into decline are not found in any apparent loss of competitiveness during the long nineteenth century but rather in the disastrous reflotation after the First World War. As a consequence of these speculations, rationalisation and restructuring became more difficult at the time when they were most needed, and government intervention led to a series of partial solutions to what became a process of protracted decline. In the post-1945 period, the authors show how government policy encouraged capital withdrawal rather than encouraging the investment needed for restructuring. The examples of corporate success since the Second World War – such as David Alliance and his Viyella Group – exploited government policy, access to capital markets, and closer relationships with retailers, but were ultimately unable to respond effectively to international competition and the challenges of globalisation. The chapters in this book were originally published in Business History and Accounting, Business and Financial History.