Labour movement activists on why we must take over the banks
The 2019 TUC Congress passed a proposal from the Fire Brigades Union for “public ownership of the big banks, which could play a central role in building a sustainable economy, investing in a publicly owned energy sector and creating decent, unionised jobs in the interests of working people”. No one opposed the motion – but very few are actually advocating or campaigning for this. Here we quote a range of labour movement activists and representatives on why it is so essential. In the current situation, as we face an implosion of credit and a snowballing slump, against the background of the...