Public ownership is back on the political agenda. Our 2017 manifesto – and its promises to nationalise energy, water, Royal Mail and the railways – played a key role in increasing Labour’s vote share, reflecting long-held and wide-spread support for public ownership of key parts of the economy. Some may accuse us of looking to the past for solutions, but we have always been clear that public ownership of key services is about handing economic power back to workers, citizens and communities to a degree that has never been before. Over the last forty years, our ability to shape our own lives has been eroded. The legacy of Thatcherism has left us at the mercy of market forces. Crucial services have been handed over to unaccountable and remote corporations. The dominance of the City remains seemingly unassailable: the influence of a few unscathed by the Financial Crisis they caused, even as the rest of us still grapple with its consequences. Set against this backdrop, democratic public ownership is a chance for the biggest devolution of economic power the UK has ever seen – a way of putting people in control of their lives, not just after clocking off, but at work too. Giving people a direct say in decisions about working hours, wages, investment, new technology, and health and safety, promises to make people both more fulfilled and more secure. Click here for the full document.