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Cover -- Half-Title -- Title -- Copyright -- Contents -- List of Tables and Figures -- Acknowledgements -- Abbreviations -- Introduction: Economic Strategy and the Labour Party -- 1. The Nature of Social Democracy and the Labour Party -- 2. The Revisionist Ascendancy -- 3. Labour's Alternative Economic Strategy -- 4. The Policy Debate Within Labour -- 5. The Adoption of the Alternative Economic Strategy -- 6. Labour in Office, 1974-79 -- 7. Politics and Policy-Making in the Labour Party after 1979 -- 8. Conclusions -- Epilogue: The Development of Labour's Economic Strategy since 1983 -- References -- Index.

Examines the background to the economists' statement and the nature of the criticisms that they put forward in it; provides an account of what happened and why; analyses the impact that the statement had and considers, with the benefits of hindsight, whether the criticisms made were justified. (RSM)