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Passages on the path to privatisation: the experience of British Steel
Author(s) -
Upham Martin
Publication year - 1990
Publication title -
industrial relations journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.525
H-Index - 3
eISSN - 1468-2338
pISSN - 0019-8692
DOI - 10.1111/j.1468-2338.1990.tb00843.x
Subject(s) - politics , character (mathematics) , principal (computer security) , steelmaking , path (computing) , business , market economy , political science , economics , political economy , law , mathematics , metallurgy , computer science , materials science , geometry , programming language , operating system
In 1988 public sector steelmaking in Britain was extinguished by the sale of all shares in British Steel plc. Given the politicised history of steel, the ease with which the company floated is surprising. This article suggests explanations which lie in the character of the principal industrial actors and the main political parties.