Joe Guinan and Martin O'Neill write for Renewal, "Editorial: The institutional turn: Labour’s new political economy ." In this editorial, they write about the Labour's leadership in the new economy:
The Labour leadership is putting together the elements of a new twenty-first century socialist political economy with a direct focus on ownership, control, democracy, and participation. Rolled out across the entire economy, it could displace traditional corporate and financial power in Britain.
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