John McDonnell's Labour conference speech on workers company shares

John McDonnell's Labour conference speech on workers company shares

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Interactive Video

Business

University

Hard

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The transcript discusses the importance of employee ownership in companies, highlighting its benefits such as increased productivity and long-term decision-making. It acknowledges contributions from the Co-op party and Garth Thomas MP in promoting common ownership. The speaker announces plans to legislate for large companies to transfer shares into an inclusive ownership fund, allowing workers to have a say in company decisions and receive dividend payments, potentially up to £500 annually, benefiting eleven million workers.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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