Posts Tagged ‘Labours Business’

We’re getting serious on enterprise

28/11/2011, 01:00:05 PM

By Luke Bozier

I wrote in March, in an article for LabourList, that Labour had “in effect become the party of the public sector”, in response to Ed Miliband’s speech to the TUC rally in Hyde Park.

Soon after, Alex Smith & I met to discuss our concerns on the party’s declining credibility; in our own ways, both socially and commercial, we are entrepreneurs, and it was – and still is – pretty clear that Labour has lost its voice on enterprise. That’s not a luxury we can afford; the future economy, which we are already entering – post-recession, post-credit crunch, post-crisis – is an economy which will be built more than ever on the back of entrepreneurs, self-employed people, micro-enterprises, social enterprises and other independent economic actors.

The “means of production”, in the old language of socialism, is now in the hands of every individual with a computer. Instead of being afraid of enterprise, and recoiling away from the opportunities it presents to create a fairer society with more opportunity for all, Labour under Ed Miliband must embrace enterprise and put it at the heart of everything we do as a party.

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