The Labour Party. All discussion here please

[banjodeano 31]

If you are going to immediately deflect the debate to Progress then its' really not worth the point since you clearly are unwilling to talk about entryism by Momentum.

okay, have it your way

[Obelix 11]

Do you want to debate the point or not?

[banjodeano 31]

Do you want to debate the point or not?

 

of course, but we debate everything, both sides of entryism, not just the one side you prefer

[Car Boot 10]

Meanwhile....

What do people think to the idea of making employees 'partners' (like John Lewis) and having a stake in the firm they work for?

 

With increasing inequality the gap between the pay of the board members and the people on the shop floor has never been so huge, this will give a share of the profits to those who generate the profits - the workers.

 

A moderate, inclusive and progressive policy idea which will command huge public support. It's about helping the workers have a fairer share of the profits they generate, and will only apply to those organisations that employ at least 250 staff.

 

It's about rebalancing society. We need policies such as this.

[sheffbag 230]

Meanwhile....

What do people think to the idea of making employees 'partners' (like John Lewis) and having a stake in the firm they work for?

 

Honestly, despite our differences on other threads Anna, this is as bonkers an idea that you can get.

 

If I run a company and employ staff. I take all the risk financially so Labour want to force me to give away a stake of my company to all the staff and effectively make them shareholders in the company? How exactly does he expect to enforce this on a private company?

 

Also wants to force all companies with at least 250 staff to give up a third of seats on their boards to employee representatives who would be elected by the workforce. Really? Is that just not putting union members on a board and heading back to the 70's

 

If a company is successful then the workers get rewarded by getting paid. It is up to private businesses to give bonuses (which effectively is what this policy is all about) to workers if they so choose to, not because the government of the time tells them to. If a company is successful then the workers should get pay rises, agreed, but that has to be at the discretion of the employer not at an instruction from a political party.

 

I see that someone commented that it woudl get great public support. Show how it works first

 

Will the workers be forced to take some of the financial risk if they are given a share of the company? Does this now make private companies public? What happens when employees leave?

 

Doesn't apply to foreign listed companies either so effectively i could move my company to an office in Dublin and count my workplace as a UK plant and avoid it.

Edited September 24, 2018 by sheffbag

[alchresearch 215]

No Obelix it isnt, it really isnt, its nothing about entryism, its about working class people up and down the street realising they now have a voice, they have rejoined labour in their thousands, its nothing to do with momentum, its all about the people, how many members does momentum have? how many members does the labour party have?

 

So how do you explain instances like Frank Field?

 

A Labour MP for over 40 years, long before Corbyn, long before Blair.

Pulling in massive numbers at the ballot box.

Doing a great job in his constituency and well liked and respected by all - not just constituents but other parties.

And in come the Momentum mob to deselect him - all because he dares to go against Corbyn.

 

Corbyn may want to deal with "rogue" MPs in this way, but if he thinks parachuting yes men into local party offices if going to guarantee him votes, he's mistaken. If there's a by election, people will vote Field, not Red.

 

Its a shame you chose to ignore Obelix's links. Is that because one was from The Guardian, Labour's friend?

 

The attempt to deselect Frank Field tells you all you need to know about Corbyn’s Labour

https://www.spectator.co.uk/2018/08/the-attempt-to-deselect-frank-field-tells-you-all-you-need-to-know-about-corbyns-labour/

Edited September 24, 2018 by alchresearch

[Obelix 11]

Meanwhile....

What do people think to the idea of making employees 'partners' (like John Lewis) and having a stake in the firm they work for?

 

Disastrous sadly. It socialises the profits and privatises the risks. If the business is set up like that from the beginning then fair enough but to mandate and require that is not going to be acceptable to many many people, especially when he's going to require a third of governance to come from the workforce as well.

 

There are ways and means of moving towards a more cooperative arrangement like Germany does but there needs to be give and take on all sides, and thats simply not happening at all.

[Car Boot 10]

Another common sense policy idea is to increase the council tax on second homes through an annual tax, which could raise £560 million per year and be used to tackle homelessness.

 

It would only apply to second homes primarily used as holiday houses, and would not include homes that are rented or used for employment, or static caravans.

[Anna B 1,417]

Honestly, despite our differences on other threads Anna, this is as bonkers an idea that you can get.

 

If I run a company and employ staff. I take all the risk financially so Labour want to force me to give away a stake of my company to all the staff and effectively make them shareholders in the company? How exactly does he expect to enforce this on a private company?

 

Also wants to force all companies with at least 250 staff to give up a third of seats on their boards to employee representatives who would be elected by the workforce. Really? Is that just not putting union members on a board and heading back to the 70's

 

If a company is successful then the workers get rewarded by getting paid. It is up to private businesses to give bonuses (which effectively is what this policy is all about) to workers if they so choose to, not because the government of the time tells them to. If a company is successful then the workers should get pay rises, agreed, but that has to be at the discretion of the employer not at an instruction from a political party.

 

I see that someone commented that it woudl get great public support. Show how it works first

 

Will the workers be forced to take some of the financial risk if they are given a share of the company? Does this now make private companies public? What happens when employees leave?

 

Doesn't apply to foreign listed companies either so effectively i could move my company to an office in Dublin and count my workplace as a UK plant and avoid it.

 

It works well for John Lewis and other forward thinking companies, and it seems to work well in Scandinavian countries.I am sure there will be rules that apply (like size of company etc) that will exclude those where it's not appropriate.

 

I think there is too much 'us and them' in the British workplace, a hangover from Victorian times perhaps. We need to move on and consider new innovations that improve performance. We also have problems with productivity which require a team effort and incentives. The workers are the heart of a company, their contribution should be valued.

 

Anything that gets everyone working on the same page would seem like a good idea to me.

[Obelix 11]

Another common sense policy idea is to increase the council tax on second homes through an annual tax, which could raise £560 million per year and be used to tackle homelessness.

 

It would only apply to second homes primarily used as holiday houses, and would not include homes that are rented or used for employment, or static caravans.

 

So everyone who wants to rent a cottage fora couple weeks holiday gets to pay more for it. Labours Holiday Tax!

[Anna B 1,417]

So everyone who wants to rent a cottage fora couple weeks holiday gets to pay more for it. Labours Holiday Tax!

 

Well this is where market forces should come into play. The owner of the holiday cottage doesn't have to pass it on to the consumer does he? If he wants to be more competative he should keep his prices the same and outflank those who put their prices up.

[Mister M 1,642]

Meanwhile....

What do people think to the idea of making employees 'partners' (like John Lewis) and having a stake in the firm they work for?

 

I think potentially it's a very good idea. I seem to remember watching an item on Newsnight about higher productivity levels in organisations where employees have a stake in them.