Academic

HISTORY: Postwar British Socialism and the Fabian Society. ?Prices controls and rationing of consu?

By Glenn Reynolds

HISTORY: Postwar British Socialism and the Fabian Society. “Prices controls and rationing of consumer goods continued for years after the war. Labour?s postwar program of nationalization was the fruit of many decades of intellectual activism by the Fabian Society, a democratic socialist movement long led by Sidney Webb, Beatrice Webb, and George Bernard Shaw. In Labour?s 1945 election victory, over 200 members of the Fabian Society were elected to Parliament. The shift from the doctrine of free markets and free trade to the doctrine of extensive government control was partly caused by the influences of the Fabian Society in Great Britain.”

Full post as published by Instapundit.com on August 23, 2010 (boomark / email).