This paper is a revised version of an Economic History thesis submitted to the London School of Economics in September 2000.The main text assumes analytical rather than chronological form, and, to avoid breaking the flow of the argument, it refers to persons, Labour Party structures and...

One of the most significant changes in the labour market in the twentieth century was the rise of the internal labour market. Its origins can be found in the nineteenth century, particularly in the large service companies such as banks and the railway companies. By studying the internal labour...