THE  ENGLISH RADICAL BLOG    
  • Home
  • Ten Aims
  • Mersey Radicals
  • A to Z of Policies
  • Campaigns
  • Distributism - the third option
  • Radical Heritage
  • English Freedom
  • Education & Training
  • Downloads & Resources
  • Publications
  • ERA TV
  • FAQ's
  • Honouring Our Fallen
  • Join
  • Donate
  • Contact
  • Media Enquiries
  • Facebook
  • Friends of ERA Abroad
  • Links
PROFITS & PARTNERSHIPS 06/17/2010
0 Comments
 
Picture
In the depths of the worst recession for decades (thanks, Gordon!), a retail company – one of the hardest hit sectors of all – recently announced its employees are set to share a £140 million bonus pot, equivalent to eight weeks pay each, and are set to announce strong full year results. What is the name of this remarkable company that has managed to make money in such difficult conditions, when other retailers are going under? The John Lewis Partnership.

The unusual thing about this company? It is a workers co-operative. All 68,000 staff are motivated to work well and efficiently, knowing their performance and ideas will have a direct result on John Lewis profits, and with it their own bonus payments. This is what capitalism should be all about – workers owning the company they work for, making and sharing the profits, rather than handing them over to remote share-holders who may pull out at any time and destroy the livelihoods of many people, if they get the chance of slightly more profit elsewhere.

Now, profit is a reasonable motive to invest money – without the profit motive, there is little point in starting a business in the first place. The problems arise when people who do not have a direct, intimate connection with the business are the ones who own it. The global capitalist elites would have us believe that their great wealth makes them the natural choice to own businesses – an “Officer” class, if you like -  while we should be content playing the part of cannon fodder in the war that is commerce.


It is high time the English people woke up and realised these “elites” and the “Free Market” (the option to close a factory in England and use slave labour in the Far East) will be the economic death of us. The only people who care about us, is us. 

The John Lewis model is surely the way forward in these difficult times: virtually any company would run more efficiently if the employees were the owners, actively implementing efficiencies and new ideas, unlike the present situation at shareholder owned businesses where the workforce merely turn up for work and perform like robots, doing only what they are told, and no more. There is no outlet for creativity in such an environment, which leads to frustration and apathy – not a good recipe for productivity, I think you'll agree. 


And imagine how different things would be at the Corus steelworks in Teeside, or the Cadbury plants around the country, if these enterprises were owned by the workers themselves, and could not be bought off like the original shareholders were? They would still be in business, making things, producing wealth for England, instead of wondering how long their redundancy pay will last. 


The English Radicals believe that global capitalism has failed England, we see in this country and elsewhere how production and wealth is shifting eastwards, leaving us without work and income: we also believe socialism is wrong, as State ownership of all property and means of production is a dictatorship, and ultimately doomed to collapse, even as it did in Russia. We ask people to consider Distributism, a system that promotes business ownership, not by the idle rich or the State, but by the workforce - as co-operatives. Staying with the rotating system of capitalism and socialism guarantees a bleak future either of poverty or slavery.


Don't we and our children all deserve better than that?


CLICK HERE TO RETURN TO HOME PAGE & WEBSITE MENU 

 


Comments




Leave a Reply

    Archives

    April 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010

    Categories

    All
    Afghanistan
    Aircraft Carriers
    Animal Rights
    Anti Social Behaviour
    Asbo
    Asylum
    Banks
    Benefits
    Big Business
    Big Society
    Bradford
    Business
    Business Development
    Capitalism
    Chartism
    Cheap Labour
    China
    Civil War
    Coalition
    Communities
    Con Dem Coalition
    Con Dem Coalition
    Conservative Party
    Corporation Tax
    Crime
    Cutbacks
    David Cameron
    Decentralisation
    Defence
    Devolution
    Disabled
    Distributism
    Economic Migration
    Economic Protectionism
    Economy
    Ed Miliband
    Education
    Elderly
    Elections
    Employment
    Energy
    English Civil War
    English Parliament
    Environment
    Eu Collapse
    Eu Doomed
    Euro
    European Union
    Exploitation
    Farming
    Fashion
    Federalism
    Feral Yoof
    Foreign Aid
    Galloway
    George Osborne
    Globalisation
    Government
    Greedy Society
    Hackgate
    Health
    Home Rule
    Human Rights
    Immigration
    Imports
    Independence
    Industry
    International Development
    Iraq
    I Spy
    John Lewis
    Knife Crime
    Labour Party
    Lander System
    Law And Order
    Liberal Democrats
    Libya
    Liverpool City State
    Local Authorities
    Local Councils
    Local Government
    Localism
    Manufacturing
    Merseyside Radicals
    Multi Culti
    National Income Scheme
    National Insurance
    National Voters Union
    New Model Army
    Northern Rock
    Nuclear Power
    Party News
    Pensioners
    Police
    Political Correctness
    Prisons
    Privatisation
    Racism
    Rebellion
    Referendum
    Reform
    Respect
    Retail
    Robert Mugabe
    Royal Mail
    Royal Navy
    Sheltered Housing
    Slog Blog
    Small Businesses
    Sport
    Students
    Taxation
    Terrorism
    Trade Unions
    Unemployed
    Unemployment
    War
    War On Terror
    Weimar Republic
    Working Class
    Written Constitution
    Zimbabwe

    RSS Feed