In addition to this basic program, the Atomic Energy Authority will
build six more reactors to produce plutonium for military purposes and
power for civil purposes. The total cost of the basic program alone
will be about £400,000,000 ($1,120,000,000) a year in the early 1960's.
The leaders of both Conservative and Labor parties believe that the
program is vital to Britain. Indeed, the foresight, imagination, and
ambition of the men at the top on both sides is one of the reasons why
the British economy, despite all its present weaknesses and future
difficulties, is a good bet to pull through. What is lacking is the
ability of any leader or party to evoke from the country the energetic
response necessary to meet and defeat the weaknesses and difficulties.
One instance of this lethargy on the part of either employers or
the industrial working class is their failure to respond to wider
educational advantages, especially in the field of technical knowledge.
Recognizing the necessity for greater technical education, the
government intends to spend £100,000,000 ($280,000,000) on technical
education from 1956 to 1961. Will the government and the people get
their money's worth in the present atmosphere?
Industrial research is on a much smaller scale in Britain than in the
United States. For years British industries thought it was cheaper
to buy patents abroad than to do their own research. As a result,
British technicians were lured abroad. Even today many industries are
indifferent if not openly hostile to the idea of "expensive" industrial
research.
The attitude of the new working class to education, technical or
otherwise, has been described earlier in this book. The boys, in the
eyes of their parents, need no more schooling than that given them
before they can leave school and go to work in the factory. The girls
need a little more if they are to graduate into the ranks of clerical
workers, but many girls, attracted by the independence offered by jobs
in mill or factory, leave school with their brothers.
Let me sum up some conclusions about the British economy:
_The drive for exports is not a passing economic phase but a permanent
condition. If wages and prices cannot be held down, Britain will be
priced out of her markets, and the standard of living of the working
class and of all other classes will fall._
_The ability of the country to meet the adjustments made necessary
by the revolution in the sources of industrial power and by the
introduction of new industrial techniques is gravely endangered by
the restrictive practices of both employers and labor, by interunion
bickering often arising from these practices, and by the prolonged and
vicious Communist attack on the trade-union structure._
_Neither among the middle class nor among the working class is there
sufficient awareness of the critical situation in which Britain finds
herself._
Public-domain text, read in full here on John Shaqi.
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