British Conservative Party Calls for More Employee Ownership

The new Conservative Party Manifesto calls for widespread employee ownership in social services in Britain, an idea that has also been endorsed by the Labour Party. The Tories' new Manifesto states, "We want Britain's workers to have a stake in their company by widening share ownership and creating more employee-owned and trust-owned businesses. We want to see a step change in the role of employee-owned companies in the economy, recognizing that many entrepreneurs would like to see their companies in the hands of their employees when they retire."