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UK's Labour starts to reverse Blair's changes to nationalization policy

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UK's Labour starts to reverse Blair's changes to nationalization policy

 

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FILE PHOTO: Britain's Opposition Labour Party Leader Jeremy Corbyn (R) and former Prime Minister Tony Blair take part in the Remembrance Sunday ceremony at the Cenotaph in Westminster, central London, Britain November 13, 2016. REUTERS/Toby Melville

 

LONDON (Reuters) - Britain’s opposition Labour Party has started a process that could reverse former leader Tony Blair’s move away from a commitment for common ownership of the means of production, distribution and exchange, The Times reported.

 

Blair ditched Labour’s commitment to widespread nationalization in 1995 by changing Clause 4 of the party’s constitution.

 

Labour’s national executive committee (NEC), controlled by supporters of current leader Jeremy Corbyn, agreed on Tuesday to set up a working group to examine changing the document.

 

The original 1917 wording of the clause, drafted by socialists Sidney and Beatrice Webb, committed Labour to “common ownership of the means of production, distribution and exchange”.

 

Blair changed it to support “a dynamic economy, serving the public interest, in which the enterprise of the market and the rigor of competition are joined with the forces of partnership and co-operation to produce the wealth the nation needs”.

 

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-- © Copyright Reuters 2019-09-19

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This is a very risky move by Corbyn.  Blair swept to power with "New Labour" based on moving away from nationalisation.  There will be young voters who like the idea (most of us did in the day) but they are wrong.  I think it will lose more votes than it gains and will split the Labour Party even further.  It would simply hand the Tories a general election win, hands down!

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1 hour ago, Sir Dude said:

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, it's inherent virtue is the equal sharing of misery.

 

Sadly, the little kiddies have never experienced it with their comforts and rights to many things that will simply disappear ... not to mention the unemployment as business will flee pronto. Blair's New Labour was just about palatable and got enough support but Corbyn is peddling hardcore failure 70s communism/socialism pretty much and that will doom the UK for decades with the damage he would do. 

Pure strawman.

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Selling off the water companies worked well, and trains and buses. Now we have hedge funds asset stripping our water companies, and private rail operators demanding above inflation ticket prices every year.

 

Bus companies? During the recession 10 years ago, half the rural bus routes were scrapped and no service evenings or weekends. TRY WALKING 10 MILES WITH A SUITCASE ...…. Now they complain they have too few users and want more subsidies - well they forced people to buy cars or be prisoners in their small towns and villages, now they complain.

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2 hours ago, rickudon said:

Selling off the water companies worked well, and trains and buses. Now we have hedge funds asset stripping our water companies, and private rail operators demanding above inflation ticket prices every year.

 

Bus companies? During the recession 10 years ago, half the rural bus routes were scrapped and no service evenings or weekends. TRY WALKING 10 MILES WITH A SUITCASE ...…. Now they complain they have too few users and want more subsidies - well they forced people to buy cars or be prisoners in their small towns and villages, now they complain.

I’m not sure how you figure selling off the water companies worked well.

 

I moved from Edinburgh where I paid municipal water and sewage rates of £27 a quarter to Oxford where the Thames water charges where more than double this rate per month.

 

 

Edited by Chomper Higgot

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19 hours ago, Chomper Higgot said:

I’m not sure how you figure selling off the water companies worked well.

 

I moved from Edinburgh where I paid municipal water and sewage rates of £27 a quarter to Oxford where the Thames water charges where more than double this rate per month.

 

 

Sorry, my sarcasm was a bit to subtle. It was a disaster. Thames water and Southern Water were really milked by the owners. All about profits, sold off all the fixed assets not actually essential to the delivery of water, and paid themselves big dividends. Those assets could have been used to develop better water supply services. They are local monopolies, but regulation has been poor. Monopoly services should be run by the government, local or national. Then you can show your displeasure with a vote. Gas and Electricity are not so bad, as at least you can change your supplier.

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