Saturday, 29 September 2018

Inclusive Ownership Funds > from the New Economics Foundation

The latest newsletter from the NEF is dominated by their ideas on company ownership, which has been very much part of the political agenda this week:


 
 
Inclusive ownership funds will build better businesses
Labour has announced plans for worker ownership based on our proposals, writes Andrew Pendleton. Will other parties rise to the challenge? Read more

IN THE NEWS

Workers with a stake in their companies
The Labour Party has announced proposals for new ownership funds, which we first proposed in our Cooperatives Unleashed report. Our contributions towards this policy were covered in New Statesman and Left Foot Forward.

“If you give workers a greater stake, it makes for better business”
Our Chief Exec, Miatta Fahnbulleh, appeared on Sky News to discuss inclusive ownership funds.


Inclusive ownership funds will build better businesses | New Economics Foundation

There's been quite a response in the media:
Row erupts over Labour’s 10% shares plan for UK workers | Financial Times
Labour’s inclusive ownership plan | Tax Journal
Employees to be handed stake in firms under Labour plan | Politics | The Guardian
The Labour Party’s Inclusive Ownership Fund Is a Good Idea - Jacobin

It's an idea which has caught some attention in the States:
A Powerful, Under-Used Tool for Addressing the Roots of Inequality: Inclusive Ownership
A Powerful, Under-Used Tool for Addressing the Roots of Inequality: Inclusive Ownership | democracycollaborative.org

Although a similar idea was mooted in the UK by the previous Chancellor:
Osborne's 'employee-owner' proposal gets mixed reaction | Inclusive Employers
George Osborne: workers of the world unite...and give up your employment rights - Telegraph
Osborne's 'shares for rights' scheme full of holes, say unions | Politics | The Guardian
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