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Conflict without malice Hardcover – 1 Jan 1955
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Emanuel Shinwell's biography
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Amazon.com: 1 reviews
William A. Thayer
Getting the Socialist point of view
27 August 2013 - Published on Amazon.com
This is a good book in getting the Socialist point of view. I gave it 3 stars because so much is obviously missing. Mr. Shinwell was born poor. His point of view is simply, "more for the poor". He is really not interested in efficiency or the marketplace or the welfare of the entire country. He believes that everything can be done by the government. He fervently believed in nationalism of industry. In the Labor government which did the nationalization of 1945-51, he was the Fuel Minister which means he was in charge of the mines which were nationalized. It's worth noting a little about Mr. Shinwell. His education ended at 11 years old. He read books after that as part of self education, but it is clear he never understood what a Balance Sheet or an Income Statement was. One wonders if he knew any math at all. The bottomline is that he didn't run the nationalized mines well. In 1947, the wheels came off. There was insufficient coal. That meant not enough for industry or home consumers. The hard choice was made to supply the consumers and shut down much of industry which meant layoffs and a real loss of crucial coal exports for Britain. It was a mess that is more or less glossed over in the book. It is blamed on the weather (which was bad). The reality is that the industry was run by a man without education, without a math background and no understanding of basic accounting. The Labor government removed him and put him in a far less important government post. The British Coal industry used to employ over 1 million miners. Today it is less than 10,000. So much for not worrying about efficiency. Note: my great grandfather was a Welsh coal miner.