Thread: Jeremy Corbyn
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Old 15-06-2019, 11:06 PM
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Aldershot you say do a sample first through a region.

But I would say public ownership has two huge advantages going forward.

1) massively reduced borrowing costs for investment.

2) no need for dividends and this can be passed on to increased investment, higher wages and cheaper bills.

On another note I’ve wondered why no left wing council has never sacked their entire senior management. As a socialist I firmly believe workers can run things for themselves. This is backed by the number of utterly useless senior managers I’ve come across, in both the public and private sector, who do more harm than good. Partly through being useless and partly through not really ever consulting their workforce who actually know what the jobs involve.
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