LETTER: The stakeholder society: Blarkism and sustainable development

Mr Michael Meacher,Mp
Tuesday 16 January 1996 00:02 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

From Mr Michael Meacher, MP

Sir: Your editorial about the stakeholder society ("Blair and Clarke: are they by chance related?", 13 January) perversely misses the point. Of course it's not about privatising the welfare state, any more than it's about any other of the stale mantras to which right-wing commentators have spent the last week trying to appropriate it.

It's about having an inclusive society, not one where millions are shut out by the deepest divisions British society has suffered since the Thirties. It's about a participating citizenry, not one where people are merely passive ciphers of power always located beyond them. It's about balancing competitiveness with co-operative relationships, since social and economic partnerships can often produce the best results rather than unrestrained competition. And it's about reciprocal rights and responsibilities, since the more committed the stakeholder in his contribution to the general enterprise, the bigger his ultimate reward.

The stakeholder concept is surely an idea whose time has come when more people feel excluded than at any time in living memory. With unemployment only once below 2 million in the past 15 years, a growing pool of long- term unemployed, including many school-leavers, feel a sense of hopelessness.

Nor is the stakeholder society the enemy of economic success in the marketplace. Unremitting aggressive individualism in the past 15 years hasn't prevented Britain slipping from 13th to 18th place in the international competitiveness league. Indeed, some of the most successful market economies of the past 30 years such as Japan, Germany and Singapore have adopted a strong,

co-operative stakeholder model which has been a major component of their competitive edge.

Yours sincerely,

Michael Meacher

MP for Oldham West (Lab)

House of Commons

London, SW1

14 January

The writer is Shadow Secretary of State for Employment.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in