The left and in particular Jeremy Corbyn, get criticised for being anti-business. To be fair, some things are best nationalised.
The idea that there's real choice in the market when the private sector becomes the monopoly is a fallacy. At home we have one water pipe, one gas pipe, one entry for our electricity.
If anyone suggests that we have choice, well South West Water is the only water we get in Cornwall. Yes we can go with various companies for our electricity. Some may be slightly cheaper. If we wanted truly green energy coming through our wires - not physically possible.Your neighbour may be with one company and you with another. The gas supply is the same.
Mixing care with profits is just toxic, care will will always loose out. We can't kid ourselves.
In Cornwall we have a monopoly for rail and bus public transport, First. Is transport public transport cheap, affordable? No.
Housing, cheap rents, rents on average 25% of the average income? No. Housing as investment. Yes.
However, most other products really do work well in the private sector. Nationalise food, earrings, perfume, new kitchens, builders, hairdressers? The list is endless. No, don't be ridiculous.
Labour has shared interests with small businesses. First Business Opinion: 'Jeremy Corbyn on the common ground between SMEs and the labour movement', argues how.
Small business owners have a number of shared interests with the labour movement, from fair taxation and tackling late payment to increasing productivity, writes Jeremy Corbyn Leader of the Labour Party.
Britain’s 5.7 million small businesses are crucial to the life of our country and the future of our economy. They provide 60 per cent of private sector employment and will be at the heart of the next Labour Government’s plans to rebuild and upgrade our economy.
Millions of jobs and the future of our country depend on small business owners and entrepreneurs turning their dreams into successes.
What motivates someone to start their own business, to serve their community and meet people’s needs, while creating an income for themselves and jobs for others, is far closer to the principles of the labour and co-operative movement than our political opponents would like to admit. Read more