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The concluding section of British Perspectives 2006 looks at the state of the British economy, which has been propped up by colossal debts for some time, but is now grinding to a halt. The decline of manufacturing, and the domination of banking and financial services is an expression of the enfeeblement of British capitalism. This lies behind the attacks on the welfare state, on jobs and conditions, and on democracy. All the conditions are being prepared for a new outbreak of class struggle that will have a profound impact on British society in the next period.