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Is McDonnell’s share plan ‘workers control’?
The 1977 Bullock Report shows we have been here before: will it work this time, and how radical is it, asks KEITH FLETT
Iron Man
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Trump’s economic adviser has exposed the actual strategy: forcing other countries to provide financial support for US hegemony
Activist Angie Zelter has been arrested more than a hundred times. She’s not stopping now, writes LINDA PENTZ GUNTER
SHADOW chancellor John McDonnell made a number of important announcements at the 2018 Labour Party conference on the subject of industry.
He has said that Labour will give workers in the private sector shares in their business, limited to £500 personally, the remainder to be used to invest in public services. He has also argued that there should be a significant number of workers on company boards, with the proviso that they are trade union members.
Given the unfortunate decline in trade union influence (by no means irreversible) and the power of the large private-sector companies like Amazon and Google, McDonnell’s policies ,if radical by recent standards, are also modest.
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