Once known as Turicum, Zurich was an old Roman customs post way
back in time. When the textile industry grew in Zurich, many merchants
moved here and the city started to prosper and was becoming a more
important town in Switzerland. In 1218, the city was given the
status of a free city and this attracted more artisans and merchants
and many guilds were formed which took charge of the running of
the city.
The city grew spiritually and culturally when it joined the Swiss
Confederation in 1350.
Zurich was always considered an intellectual centre and its great
artistic tradition was boosted during World War I with the influx
of many famous people like Hans Arp, Trotsky, Lenin, Tristan Tzara
and James Joyce who is now buried in Fluntern Cemetery in the city.
Around 1916 the Dada art movement was formed in dear old Zurich,
and an artists tavern which was known as Cabaret Voltaire was opened.
During these days, Carl Jung was explaining his psycho analytical
theories in the local taverns of the city.
In 1877, Zurich built its first stock Exchange and nowadays it is
the most important exchange in Switzerland. The Social Democrats
are presently in power and are in charge of the running of Switzerland’s
administration, but to this day, the guilds still retain a powerful
influence over the decision making council of Zurich.
To this day Zurich still remains Switzerland’s most commercial
and financial centre and is also the most affluent Canton in Switzerland.
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