Table of Contents

Part 1: 1884-1929 1. British Marxism, State Socialism and Anarcho-Communism 2. Fabian Political Economy 3. Guild Socialism 4. Liberal Socialism and the Challenge to Fabianism 5. R.H. Tawney: The Political Economy of Ethical Socialism 6. The Political Economy of Ramsay MacDonald and Philip Snowden 7. The Political Economy of the Labour Party, 1918-1929 Part 2: 1929-1945 8. Labour in Office, 1929-1931 9. Stabilising Capitalism to Socialist Ends 10. Building a Socialist Economy: Planning the Market and Public Ownership Part 3: 1945-1970 11. Theory into Policy, 1945-1951 12. Socialism in an Age of Affluence, 1945-1964 13. Political Economy and Party Policy, 1951-1970 Part 4: 1970-2005 14. Rethinking Socialism: Towards an Alternative Economic Strategy 15. Liberal Socialism Revised: The 1970s 16. The Alternative Economic Strategy and After, 1972-87 17. Liberal Socialism Rejuvenated, the 1980s 18. Towards a New Labour Political Economy 19. New Labour Triumphant 20. Conclusion

About the Author

Noel Thompson is Professor of History and Head of the School of Humanities at the University of Wales, Swansea. He is a respected historian of Labour's economic thinking and, more generally, of socialist and anti-capitalist political economy in Britain.