III - The economy

1) Introduction
2) Economic history
3) Modern economy: policy, structure, performance
4) Social class, workforce, and employment
5) Financial institutions
6) Industrial and commercial institutions
7) Consumer protection
8) Attitudes to the economy
The Bayeux Tapestry
John Bull, the cloth
merchant
The Cutty Sark
The Titanic
George Stephenson’s Rocket
1829
J.M.William Turner:
« Rain, steam and speed - the great western
railway »
Child mill worker
19th century
Coal miner's daughter
Yorkshire, 1952
The Battle of
Orgreave
June 18
1984
Old car museum
Nissan car plant, 1990s
Lloyds of
London
building
Lloyds of
London
atrium
The City of London
Canary Wharfe
UK inflation rate, 1961-2001
Unemployment rates 2000
 EU Tax Index
Country Personal Tax Corp. Tax Employee soc.sec. Employer soc.sec. Index

France 10.5 - 59 40 15 - 18 35 - 45 180

Belgium 25 - 35 40 13 35 159.2
Austria 10 - 50 34 18 -22 22 - 28 148.3
Greece 5 - 45 35 - 40 16 27 142.2
Spain 20 - 56 35 6 31 142.4
Italy 19 - 46 37 9 30 - 34 140
Germany 29 - 53 45 13 13 138.7
Sweden 31 - 56 28 7 33 137.8
Neths 7 - 60 35 8 20 136.1
Finland 5.5 - 56 28 8 23 128
Portugal 15 - 40 34 11 24 120.8
Lux. 5.2 - 47 30 11 - 13 11 - 14 115.1
Denmark 40 - 58 34 8 0 111.1
Ireland 24 - 46 32 4.5 12 105
UK 20 - 40 30 3 -10 3 - 10 100

Scource : Calculations of Sachverstandigenrat, based on OCED Reveue Statistics1965-1997 Edition 1998.

 The six-class social model

1. Higher-grade professional workers

(e.g. doctors, lawyers)
2. Lower-grade professional and managerial workers
(e.g. teachers, sales managers)
3. Non-manual skilled workers
(e.g. clerks, shop assistants)
4. Manual skilled workers
(e.g. coal miners)
5. Semi-skilled workers
(e.g. postmen)
6. Unskilled workers
(e.g. dustmen, cleaners, labourers)