The Labour Party AND COMMON OWNERSHIP: A CONTRIBUTION TO THE DISCUSSION ON A SOCIALIST ECONOMIC STRATEGY
Language: English
Published by Committee for Socialist Renewal, London, 1985
- Softcover
- Used
Seller: Shore Books, London, United KingdomShore Books
AbeBooks seller since June 29, 2017
Condition: Used - Very good
£ 10.00
Quantity: 1 available
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20 pages. AI Mode conversation: The Labour Party AND COMMON OWNERSHIP: A CONTRIBUTION TO THE DISCUSSION ON A SOCIALIST ECONOMIC STRATEGY Derrick book The Labour Party AND COMMON OWNERSHIP: A CONTRIBUTION TO THE DISCUSSION ON A SOCIALIST ECONOMIC STRATEGY Derrick book The Labour Party and Common Ownership is a political text written by the prominent British Christian Socialist and co-operative theorist Paul Derrick, published in 1985 by the Committee for Socialist Renewal. The book serves as an influential tract and "contribution to the discussion on a socialist economic strategy" during a turbulent decade for the British Left. Core Concepts & Strategy Rather than advocating for wholesale state nationalisation—which was the traditional interpretation of the Labour Party's original Clause IV—Paul Derrick argued for diversifying the definition of common ownership. He positioned his strategy around several key principles: • Beyond State Ownership: Derrick argued that a clear interest by the Labour Party in alternative forms of common ownership (such as worker co-operatives and industrial democracy) would help solve the UK's economic problems while improving its electoral prospects. • Industrial Democracy: He advocated for changing company law so that private firms could be placed under the effective, democratic control of the workers who run them. • Curbing Inflation and Capital Stagnation: Writing during a time of immense industrial unrest and economic transition, Derrick believed that extending common ownership and replacing the primacy of shareholder value would bridge the conflict between capital and labor. Published in 1985, the book arrived at a critical turning point for the Labour Party. Under Neil Kinnock, the party was beginning a long, controversial path away from traditional state socialism and toward a market-oriented framework. This trajectory eventually culminated in 1995 when Tony Blair officially replaced the original Clause IV commitment to "the common ownership of the means of production" with an endorsement of the market economy. Derrick's text remains an important historical artifact of the intellectual resistance that sought a decentralised, cooperative socialist alternative to both Thatcherite capitalism and state-heavy command economics. (SL#125/19).…
Seller Inventory # SL18052
Bibliographic details
- Title
- The Labour Party AND COMMON OWNERSHIP: A CONTRIBUTION TO THE DISCUSSION ON A SOCIALIST ECONOMIC STRATEGY
- Author
- Paul Derrick
- Publisher
- Committee for Socialist Renewal, London
- Publication year
- 1985
- Condition
- Very good
- Binding
- Soft cover
- Language
- English
Shore Books
London, United Kingdom
AbeBooks seller since June 29, 2017
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