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In Starmer's pamphlet, he talks with conviction about the values that, for us, sit behind strong public services working for people not profit.
We know that these policies resonate with people:
In your #Fabians pamphlet you talk about how in government ‘A failure to actively shape and strengthen the economy means that vast potential is being wasted.’
You explain that ‘a Labour government would provide a level playing field, a skilled workforce and a modern infrastructure, from transport to public services.’ Public ownership can help to achieve these goals.
Privatisation costs more because it means spending money on shareholder dividends and the higher cost of borrowing in the private sector (the government can borrow more cheaply). Creating artificial markets where they don’t belong also often creates wasteful fragmentation and duplication.
In 2019, we responded to Labour’s consultation on democratic public ownership with a report ‘When We Own It: A model for public ownership in the 21st century’.
https://weownit.org.uk/blog/open-letter-sir-keir-starmer-public-ownership
#WeOwnIt #Labour #UnitedKingdom #Privatisation #PrivatisationFails #democracy #PeopleNotProfits #CorporateTerrorism #PublicServices #PublicOwnership