Problems of ‘Socialist Planning’: Evan Durbin and the Labour Government of 1945

Abstract

‘Socialist planning’ was a notable, if unlikely casualty of Labour government after the Second World War. Between 1931 and the election victory of 1945, central economic planning was, in the words of G.D.H. Cole, the ‘professed creed of the Labour Party’. Depression and war demonstrated that the anarchy of free-market capitalism had to ‘give way to ordered planning under national control’. Labour won the election of 1945 with a commitment to ‘plan from the ground up’ through the socialization of industry, the establishment of a national investment board and the use of wide-ranging economic controls. Planning was the defining characteristic of Labour's socialism in this period and it could indeed be argued that the party did not find so effective a political rhetoric until ‘Labour and the scientific revolution’ in 1963.