Acknowledgements The Forward March Halted The Years of Opposition Labour's Mixed Economy Reversing British Industrial Decline Macroeconomic Policy A European Party The Long Road Back Bibliography Index

The book considers Labour's economic strategy as it developed through the party's long period of opposition between 1979 and 1997. This history argues strongly that accounts of Labour's recent past which claim that the Party was driven by a combination of Thatcherism and opinion polls are flawed. It offers an alternative account which stresses the importance of debates within and around the Party about how the economy should be understood, the role of markets and the state, and British industrial decline.

RICHARD HILL is an Associate Research Fellow at Brunel University. He works as Head of Policy and Public Affairs at the New Opportunities Fund.