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Wealth and Welfare: An Economic and Social History of Britain 1851-1951

Author

Listed:
  • Daunton, Martin

    (Master of Trinity Hall, Cambridge, and President of the Royal Historical Society)

Abstract

Martin Daunton provides a clear and balanced view of the continuities and changes that occurred in the economic history of Britain from the Great Exhibition of 1851 to the Festival of Britain in 1951. In 1851, Britain was the dominant economic power in an increasingly global economy. The First World War marked a turning point, as globalisation went into reverse and Britain shifted to 'insular capitalism'. Rather than emphasizing the decline of the British economy, this book stresses modernity and the growth of new patterns of consumption in areas such as the service sector and the leisure industry.

Suggested Citation

  • Daunton, Martin, 2007. "Wealth and Welfare: An Economic and Social History of Britain 1851-1951," OUP Catalogue, Oxford University Press, number 9780198732099.
  • Handle: RePEc:oxp:obooks:9780198732099
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    Cited by:

    1. Osamu Saito, 2015. "Growth and inequality in the great and little divergence debate: a Japanese perspective," Economic History Review, Economic History Society, vol. 68(2), pages 399-419, May.
    2. Grantham George, 2015. "Capitalism in the Twenty-First Century: An Overview," Basic Income Studies, De Gruyter, vol. 10(1), pages 7-28, June.
    3. Postel-Vinay, Natacha & Cloyne, James & Dimsdale, Nicholas, 2018. "Taxes and Growth: New Narrative Evidence from Interwar Britain," CEPR Discussion Papers 12962, C.E.P.R. Discussion Papers.
    4. Paul Clayton & Judith Rowbotham, 2009. "How the Mid-Victorians Worked, Ate and Died," IJERPH, MDPI, vol. 6(3), pages 1-19, March.

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