Ideology and interest groups in the political construction of markets: the transformation of the automobile industry under Margaret Thatcher

Pardi, Tommaso

Ideology and interest groups in the political construction of markets: the transformation of the automobile industry under Margaret Thatcher - 2021.


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By proposing a new analysis of the decline of the “national champion” British Leyand under the government of Margaret Thatcher, this article interrogates the way in which the new economic sociology conceives and studies the relationship between states and large corporations. Using new archival material, the article shows that this decline was not the consequence of a neo-liberal policy hostile to the interests of the carmaker in crisis, but the result of a shift in political support towards its equipment manufacturers.

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