John McDonnell offers an ambitious alternative economic policy

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John McDonnell offers an ambitious alternative economic policy

Sep 24th 20src8

By BAGEHOT

SO FAR the Labour Party’s annual conference has very much been John McDonnell’s. The shadow chancellor not only delivered today’s keynote address in the main hall. He’s been ubiquitous in the media and on the fringe. This is as it should be. Mr McDonnell has provided the Labour Party with the closest thing that it has to a radical new idea: forcing companies to give their workers shares worth perhaps src0% of the total.

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