... was a strong will to build a better future for the majority of people in Britain. In a general consensus between political parties the government decided to intervene in the running of the economy to try and ensure full employment growth. The pre war economists believed that they could achieve full employment with out any action from the government. Keynes argued against this and stated that governments would have to intervene to manage the level of demand in the economy. They did this by budget deficit, for example, by spending more money than has been paid in taxes. This placed more demand into the economy and therefore created more jobs and more spending. Due to the low levels of unemployment during post war period the bargaining power of the trade unions was increased, with an increase in members. Management seemed incapable of effectively handling the situation. Trade unions were often ...

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