Railways And The British Economy 18301914

Railways played a key role in Britain's social, economic and industrial history. These companies have long since gone, but all over the country relics remain to remind us of that pioneering age.

India was the jewel in the crown of the British Empire. There were vast riches to be exploited and vast numbers of people to be subjugated. How better to achieve these aims than by building a rail network that facilitated the export of raw material and made it easier for troops to travel around the country to tackle uprisings?

It is commonplace to assume that the twentieth-century British economy has failed, falling from the world's richest industrial country in 1900 to one of the poorest nations of Western Europe in 2000. Manufacturing is inevitably the centre of this failure: British industrial managers cannot organise the proverbial 'knees-up' in a brewery; British workers are idle and greedy; its financial system is uniquely geared to the short term interests of the City rather than of manufacturing; its economic policies areperverse for industry; and its culture is fundamentally anti-industrial. There is a grain of truth in each of these statements, but only a grain.