@inbook{10.3138/j.ctt1287tg9.6, ISBN = {9780802067517}, URL = {http://www.jstor.org/stable/10.3138/j.ctt1287tg9.6}, abstract = {Even if some of the structural constraints which Britain’s early start imposed on her manufacturing sector seem less absolute than Hobsbawm implies, one thing is clear: speaking generally, British capitalist manufacturers never did compete successfully against othercapitalistmanufacturers. What they did was to overwhelmpre-capitalistproduction everywhere; and it was the comparative ease of this victory, rather than the commitment of capital to particular sectors, such as textiles or railways, or to particular forms of business organisation characteristic of early capitalism, that led to later problems.Until the last years of the nineteenth century, British capital still depended very}, bookauthor = {COLIN LEYS}, booktitle = {Politics in Britain: From Labourism to Thatcherism}, pages = {42--58}, publisher = {University of Toronto Press}, title = {The First Crisis}, year = {1989} }