Book contents
- Frontmatter
- Contents
- Preface
- List of Abbreviations
- Introduction
- 1 The 1945 Labour Government: the mixed economy and wage restraint
- 2 Incomes policy and Labour in opposition
- 3 The voluntary incomes policy agreement
- 4 The devaluation of voluntarism
- 5 The politics of wage freeze
- 6 The statutory incomes policy – Labour Government versus labour movement
- 7 ‘In place of strife’
- 8 Industrial militancy and political stagnation
- Conclusion
- Appendixes
- 1 Public opinion and incomes policy, 1965–1968
- 2 1968 survey of trade union opinion on incomes policy
- 3 Economic indicators
- 4 Interviews
- Notes
- Index
- Frontmatter
- Contents
- Preface
- List of Abbreviations
- Introduction
- 1 The 1945 Labour Government: the mixed economy and wage restraint
- 2 Incomes policy and Labour in opposition
- 3 The voluntary incomes policy agreement
- 4 The devaluation of voluntarism
- 5 The politics of wage freeze
- 6 The statutory incomes policy – Labour Government versus labour movement
- 7 ‘In place of strife’
- 8 Industrial militancy and political stagnation
- Conclusion
- Appendixes
- 1 Public opinion and incomes policy, 1965–1968
- 2 1968 survey of trade union opinion on incomes policy
- 3 Economic indicators
- 4 Interviews
- Notes
- Index
Summary
The following tables are offered as an overall guide to economic indicators during the period of the 1964–70 Labour Government's incomes policy.
Table 1 shows changes in the rate of growth, unemployment, wage rates, wage and salary earnings and retail prices during each discrete phase of the incomes policy. (The longest phase, that covered by the 1968 White Paper and extending from April 1968 to December 1969, is divided into two sub-periods.) The percentage increases reflect changes from the average for the quarter preceding each period to the average for the final quarter of the period. Hourly wage rate figures are based on the DEP's index of basic hourly rates of manual workers; earnings figures are based on the DEP's monthly index of weekly average wage and salary earnings in all industries and services, and are seasonally adjusted. The data was presented in this useful fashion by Allan Fels, in his The British Prices and Incomes Board (Cambridge 1972).
Tables II, III, and IV were derived from data presented originally in the NEDO's Productivity, Prices and Incomes, A General Review, pub lished annually in conjunction with the incomes policy for the years 1966 to 1970. The figures presented for a given year in one Review were sometimes adjusted in subsequent Reviews, and wherever possible the most recent data presented in the Reviews for any of the years in question have been used in these tables.
- Type
- Chapter
- Information
- Social Democracy and Industrial MilitiancyThe Labour Party, the Trade Unions and Incomes Policy, 1945–1947, pp. 263 - 265Publisher: Cambridge University PressPrint publication year: 1976