International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

The Reason for Incomes Policy

· The Week Vol. 4, No. 20, 25 November 1965 · p. 7 of the scan · 148 words

The scan: The Week v4 no20.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the OCR of the heading.

by. a special correspondent A speaker at the Industry, 1965, Exhibition at Earls Court, London, confirmed the thesis, put forward by socialist writers such as Ernest Mandel and Andre Gorz, that the desire for an incomes policy arises, not from the so-called wages-prices spiral, but from technological development within the framework of capitalism, Professor B.C, Roberts ‘stated that modern technology, which has made long-term planning possible, will make tighter control over wage bargaining at all levels inevitable. Speaking at the closing session of the five-day conference which had been attended by big business executives and trade union leaders, he said that.the unions would need to adjust their pattern of organisation effectively to participate in the planning process, What was most needed, he continued, was a definition of the role and responsibility of union organisation at the enterprise levelj an obvious reference to the need to control shop stewards.

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