Plaudits to Skwawkbox for pointing out the fact that the Financial Times has shot itself in the foot with its lead story today (September 2).
The headline states that “Labour would cost companies £300bn” – implying that this is a scare story. But it continues “by shifting shares to staff”.
It’s saying that working people, who actually create the profits that the UK’s biggest firms make every day, will actually receive a dividend from those profits under a future Labour government.
That alone is a good reason to vote Labour at any future election.
No doubt the parasites will claim that the move will destabilise UK industry but this is clearly nonsense.
Working people have every right to profit – just as much as bosses and other shareholders – from the work they do.
The Financial Times (FT) has given the ‘above the fold’ half of its front page this morning to policies it presumably thinks will horrify its core readership – but which will be music to the ears of millions of voters hard-pressed under the Tories and their prioritisation, as Corbyn said in his Salford speech this morning, of ‘those who lend and speculate over those who actually make things‘.
The headline may blare about ‘costing UK companies £300bn’ – the FT’s estimate – but it goes on to say ‘by shifting shares to staff’. The article itself can’t help but elaborate a few of Labour’s groundbreaking policies and the way they would revolutionise the life of ‘the many’ in this country:
And it seems the FT digs itself further in by listing other great Labour policies:
The detail of the front-page coverage gives some key information on just a few of Labour’s game-changing policies:
- Labour in government will give shares to workers in seven thousand of the UK’s biggest employers – entitling them to dividends of up to £500 per year as well as helping the national finances
- Labour will introduce a right-to-buy for tenants of private landlords at affordable prices, helping to reduce the concentration of property in the hands of a few that has driven up rents and house prices under Conservative governments
- Shifting power away from ‘bosses and landlords’ and to the people
- Increasing productivity and long-term thinking by giving employees a meaningful stake
The timing is also hilariously inept for a newspaper trying to undermine Jeremy Corbyn and Labour.
This week, Parliament is in crisis as Boris Johnson’s dictatorial excuse for a government tries to overrule Parliament’s sovereignty in order to push through a “no deal” Brexit that few people want.
MPs may push back, even to the point of demanding a general election.
And on the eve of such a move, the Financial Times has given us all an excellent reason to vote Labour into power.
Tony Blair may be urging Labour to vote against an election on the grounds that Jeremy Corbyn is unpopular – but he is preaching a perspective on the Labour leader that is largely created by the Tory media.
We saw similar claims evaporate during the 2017 election campaign and fearmongers and yesterday’s men like Mr Blair would be better-off keeping their mouths shut.
The message from this newspaper is clear – if not quite as intended: If a general election is possible, bring it on! Labour will walk it.
Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.
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