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The Corruption of the Banking System

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The Corruption of the Banking System
How has government policy in the UK affected the tradition class system?
Sections

1. Introduction to the class system (Social Structure) of the UK
2. Government and Banking Policies that affect the class system
3. Primary Research

Introduction to the class system (Social Structure) of the UK
With an increase in population in the UK, naturally comes a bigger division in the class system, the division is helped greatly by government policies and banking policies that control the way that wealth is distributed. Many people believe that certain government parties are biased towards the upper class. The political party known as the Conservatives or ‘the Tories’ are massively known for this. There are many different policies and concepts that surround and back the phrase, ‘Keeping the Rich, Rich and the Poor, Poor’. The banking system is one of the main controlling factors, as it controls how money is distributed and spent.
The class system is a division in the population, divided into three groups, Upper, Middle and Working class. Traditionally the working class was known, as people who worked in ‘blue-collar jobs’ these are jobs that are manual labour. The stereotyped people who work in these jobs are unskilled or semi-skilled school leavers that left school at the earliest legal age. Blue-collar jobs involve jobs such as working on assembly lines, machine shops, steel mills and coal mines.
Middle class people are divided into three different sub groups, upper middle, middle middle, and lower middle. Lower middle class people usually work in white-collar jobs this refers to a person who performs professional, managerial, or administrative work, in contrast with a blue-collar worker, whose job requires manual labour. Typically, white-collar work is performed in an office type environment.
The middle middle class often consists of people with tertiary education. They may have been educated in either state or private schools. The typical jobs they would



Bibliography: Info on the social structure -http://en.Wikipedia.org/wiki/Social_structure_of_the_United_Kingdom News Story - http://www.dailymail.co.uk/news/article-2192822/Even-recession-rich-richer-Savers-hit-70bn-printing-money-helps-rich-admits-Bank-England.html What the government can do to help the situation - http://www.economist.com/economist-asks/should_government_do_more_close_gap_between_rich_and_poor Starbucks tax evasion - http://www.bbc.co.uk/news/business-19967397/business-19967397 Google tax evasion - http://www.thedrum.com/news/2012/12/13/google-boasts-12bn-tax-evasion-good-capitalism Facebook tax evasion - http://www.politics.co.uk/news/2012/10/11/facebook-condemned-over-tax-avoidance/news/2012/10/11/facebook-condemned-over-tax-avoidance

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