Your editorial asks how the Labour party can develop an industrial policy
which will not only encourage "good behaviour", but also simultaneously be
different from the gesture at fairness made by the Tories and the Lib
Dems.(Talking loud,saying something,26/09/13) Martin Kettle points out that
Miliband, rather than putting himself on the "side of small businesses, against
big ones",would do better to "focus far more" on what makes a good business, and
send out an unambiguous message to the electorate.(The book that matters to
Miliband is not McBride`s,26/09/13)
A start can be made by outlining the main requirements of a "good"
business, which the Mail and Murdoch press cannot refute: a living wage to all
employees, and no bonus culture; correct amount of corporation tax paid; young
people employed and trained, with effective apprenticeship schemes. Companies
which abide by these "rules" would pay 20% corporation tax, as opposed to the
30% paid by the rest.
Clarity is the key, and when allied to transparency, will be a far
more effective electoral tool than discussions about "progressive capitalist
programmes". There could not be a better time to launch such a policy, when the
government is busy with its objections to fair energy prices, the bonus cap and
the legality of Europe`s financial transaction tax, and its selling to its City
backers, of taxpayer-owned banks and Royal Mail. The country needs to be
reminded that what this coalition government believes in is alien to the beliefs
of the majority of British people!
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