Monday, January 31, 2011

Let's all Co-operate...

Dear Mr Osborne....

Tough job you have there.... fixing the taxes and everything so that everyone is happy. Call me an old cynic, but I suspect that by the time you've finished, at least the Old Etonians will be delighted with your efforts. Still, got to start somewhere, eh?

I'd like to make a suggestion for where you might look next. How about awarding a big tax break to any company that forms, or re-forms, into a co-operative? After all, what possible problem can there be with this as a principle? It would be a case of genuine public involvement with business, which you must surely approve of; and would bring greater stability to the workforce, as people would not feel exploited and would thus be keen to stay on; it would also generate greater worker involvement and guarantee higher productivity from staff. No strikes!! Wages controlled from within!! And, for what it's worth, your Lib Dem allies would be delighted with such a step; as would the Labour Party of whatever stripe. And so would all the workers involved. Who could possibly be the loser here?

Would co-ops work? Well, ask 'the Co-op', which has been a model of stability and probity thoughout the piracy and greed of Thatchers' years. Better still, ask 'John Lewis' and 'Waitrose', whose profitability has steadily risen while all about them were falling on their (borrowed) swords.

Can't see a problem myself? Any views, Mr Osborne?
I dare to predict that you would never consider such a sane step forward to stability and worker participation, as that would remove the bosses' right to slash and burn all about them as and when they think fit, in the name of personal greed and off-shore profits. Or am I being cynical again?

Good Luck, whatever. I don't think you'll have too long to do your worst in. But I'm afraid that the destruction you will wreak will be hard to put right again.

Chas Griffin

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