"The Verdict of Peace describes how, between the outbreak of the Korean war in 1950 and the Suez debacle in 1956, Britain threw away her last opportunity to reinvent herself as an industrial nation state before old rivals such as Germany and Japan finally recovered from wartime defeat. It describes how Britain still suffered, ten years after the Second World War, from old-fashioned industries, hidebound management, trade union blocking of technical change and self-destructive strikes. It analyses Britain's ominous failure to win market domination in new technologies such as aeronautics, business systems and computers."--Jacket.