Reading former Labour leadership candidate Yvette Cooper’s words, it is easy to wonder whether she’s living on the same planet as the rest of us.
Her claim that nationalisation doesn’t help people trying to build an app, or older people in temporary jobs, is completely misleading.
Of course it does; but the comparison is jarring because these are not matters that are often considered together.
A nationalised power company eliminates the profit motive, meaning lower bills. This would help a young person building a new app, who would use power in its development, and it would help older workers who are struggling to make ends meet.
The substantive issue is: Why is Yvette Cooper effectively speaking in praise of wasteful privatisation?
Labour risks offering voters “yesterday’s solutions for tomorrow’s problems” and must move beyond policies such as renationalisation if it wants to support workers in the modern economy, a senior MP is set to say.
“Things like nationalising power companies don’t do anything to help young people trying to build a new app or older workers stuck in precarious temporary work,” she will say.
Join the Vox Political Facebook page.
If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!
Vox Political needs your help!
If you want to support this site
(but don’t want to give your money to advertisers)
you can make a one-off donation here:
Buy Vox Political books so we can continue
fighting for the facts.
Health Warning: Government! is now available
in either print or eBook format here:
The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here: