A collection of ten classic texts of 20th-century British political economy. The texts deal with managed capitalism, the welfare state and the middle ground, and should promote readers' understanding of British politics and economic ideology in the years since the Great Depression. Introduction, John Strachey, Contemporary Capitalism (1956) Acknowledgments, i. Method and Purpose of the Study, ii. The New Stage of Capitalism, iii. The Economists of Value, iv. Value and the Economists, v. Marx, vi. The Doctrine of Ever Increasing Misery, vii. Measurement, Value and the Limits of Economics, viii. The Real Development, ix. The Economic Consequences of Democracy, x. Accumulation, Democracy and Equality, xi. The Mainspring, xii. Keynes, xm. An Evaluation of Keynes, xiv. Democracy and the Last Stage of Capitalism, xv. Socialism, Index