A lucid, authoritative and comprehensive account of who owns the physical and financial wealth of the UK. How did the various people and institutions come to own the assets of the nation? What is their share of the assets worth? What are they doing with their share? What does it all mean for the liberty and prosperity of the country?
The National Wealth reveals the social, economic and financial workings of Britain. It tells us who has the money, and how they get it; and, ultimately, who owns Britain today.
The author describes the draining away of money and power from the great estates of the realm such as the Crown, the Aristocracy, the Church and Oxbridge; the aggrandisement of the State in the post-war socialist era, followed by the greatest transfer of ownership in Britain since the Dissolution of the Monasteries – the privatisation of the nationalised industries; the origins of the greatest personal fortunes and the psychology of the truly rich; the rise of the industrial Fat Cats and the new professional elites of the City and the Law. The book concludes with a probing analysis of the relationship between the PLC (the dominant form of social organisation in Britain today) and the great institutional investors who have become the most influential repositories of the national wealth.
A magnificent summation of Britain at the turn of the century, a panoramic and trenchantly expressed overview of the division of the spoils, and a searching examination of the gap between rhetoric and reality in public and private affairs.
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"the results of his survey are delivered in such a delicious dry and irreverent style as to make it difficult to move on" -- The IndependentFrom the Publisher:
The Economist "compelling.. most impressively, the writing is flawless. Ms McCann captures the flavour of 17th century English, but never at the expense of comprehension; these pages flow like claret..Absorbing and historically meticulous, Ms McCann's AS MEAT LOVES SALT is a fat, juicy masterpiece"
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Book Description HarperCollins, 1998. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0002559137
Book Description HarperCollins, 1998. Hardcover. Book Condition: New. book. Bookseller Inventory # 0002559137