Sidney James Webb, 1st Baron Passfield, OM, PC (13 July 1859 – 13 October 1947) was a British socialist, economist and reformer, who co-founded the London School of Economics. He was an early member of the Fabian Society in 1884, joining, like George Bernard Shaw, three months after its inception. Along with his wife Beatrice Webb and with Annie Besant, Graham Wallas, Edward R. Pease, Hubert Bland and Sydney Olivier, Shaw and Webb turned the Fabian Society into the pre-eminent politico-intellectual society in Edwardian England. He wrote the original, pro-nationalisation Clause IV for the British Labour Party.
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Sidney Webb, 1st Baron Passfield in the context of London School of Economics
The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the pure and applied social sciences.
Founded by Fabian Society members Sidney Webb, Beatrice Webb, Graham Wallas and George Bernard Shaw, LSE joined the University of London in 1900 and offered its first degree programmes under the auspices of that university in 1901. In 2008, LSE began awarding degrees in its own name. LSE became a university in its own right within the University of London in 2022.
Sidney Webb, 1st Baron Passfield in the context of Beatrice Webb
Martha Beatrice Webb, Baroness Passfield, FBA (née Potter; 22 January 1858 – 30 April 1943) was an English sociologist, economist, feminist and social reformer. She was among the founders of the London School of Economics and played a crucial role in forming the Fabian Society. Additionally, she authored several popular books, with her most notable being The Co-operative Movement in Great Britain and Industrial Democracy, co-authored by her husband Sidney Webb, 1st Baron Passfield, where she coined the term "collective bargaining" as a way to discuss the negotiation process between an employer and a labor union. As a feminist and social reformer, she criticised the exclusion of women from various occupations as well as campaigning for the unionisation of female workers, pushing for legislation that allowed for better hours and conditions.