Policies that horrify money-men will thrill many voters
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:
Corbyn’s and Labour’s status as the representatives of hope and change is reflected in the banner across the top of the page that points to a longer article inside the paper:
“Rewriting the rules: how Labour would redistribute wealth”
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
It seems clear the FT is – and expects its readers to be – dreading the prospect. But that’s a clear sign of the disconnect between the privileged and the people – for most of us, this is news to be welcomed and trumpeted.
After almost a decade of Tory ‘conscious cruelty‘, burgeoning inequality, a plague of poverty – including over four million children, mass homelessness and foodbank use and deepening despair for millions, ‘the many’ are desperate for news like this.
It was nice of the FT to provide such prominent free advertising, even if it was accidentally.
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