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Friday, October 9, 2026

Shockwave: Britain’s brutal winter and nationalisation in 1947


A miniseries from the New Economics Podcast which asks how have vitality crises formed our economic system and what do we have to do to shockproof our vitality system in an more and more risky world?

It’s 1947. Individuals within the UK have been going through probably the most brutal winters on fashionable report. It was so chilly that sheep and cows froze to dying of their fields. There was a lot snow that railways and roads have been blocked off, inflicting issues with the transportation of coal and the era of electrical energy.

1947 was vital for an additional purpose. It was the 12 months the Electrical energy Act handed, which nationalised the electrical energy provide within the UK. On this first episode we’re asking: what made the federal government on the time nationalise a few of our vitality system? Is a nationalised vitality system higher capable of take in shocks? And did nationalisation enhance individuals’s on a regular basis lives?

Katrina Gaffney was joined by New Economics Basis economists Dr Alex Chapman and Jaya Sood, alongside author and tutorial Gareth Fearn, to seek out out.

Music by Maarten Schellekens, Free Music Archive: freemusicarchive.org/music/maarten-…ike-clockwork/ used underneath Inventive Commons licence: cre​ativecom​mons​.org/​l​i​c​e​n​s​e​s​/​b​y​— n​c​/4.0/.

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