Social Contract (Britain)
978-3-639-94496-9
3639944968
220
2010-09-04
59.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Social Contract is a term used to describe policy by the Labour government of Harold Wilson in 1970s Britain. In return for the repeal of 1972 Industrial Relations Act, food subsides and a freeze on rent increase, the TUC would be able to persuade its members to cooperate in a programme of voluntary wage restraint.The Social Contract aimed to avoid the difficulty of former incomes policies, allowing the employers, who in nationalised industries were the state, to treat individual groups separately in wage negotiations.
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