Cameron made the Hugo Young speech, where he claimed the co-operative movement, building societies, the mutuals, the early trade unions for the Conse… - Maurice Glasman, Baron Glasman
" "Cameron made the Hugo Young speech, where he claimed the co-operative movement, building societies, the mutuals, the early trade unions for the Conservatives, and we were completely silent. That's linked to the excessive statism of Brown. We had to reclaim Labour history. It was also a way of talking about capitalism again, and resistance to capitalism. And working [in London Citizens] with low-paid people, most of whom were women, had reminded me of their concern for their parents and their children, and their commitment to work and not wanting to be on welfare.
About Maurice Glasman, Baron Glasman
Maurice Glasman, Baron Glasman (born 8 March 1961) is an English political theorist, academic, social commentator, and Labour life peer in the House of Lords. He is a senior lecturer in Political Theory at London Metropolitan University and Director of its Faith and Citizenship Programme. He is best known as a founder of Blue Labour, a term he coined in 2009.
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Additional quotes by Maurice Glasman, Baron Glasman
I realised that over a few years through these London Citizens campaigns we’d developed a more radical political economy than the Labour Party. For me, it was catch up, catch up, catch up. I was always a Labour, secular, left-winger and this was all new. One of the big lessons for me was which people would turn up. If the mosque said 50 people, the Catholic church says 50 people, the local black church says 50 people, they turn up. When the trade unions said 50 people, no-one turns up. So suddenly the crisis of secular institutions and their reproduction came to me.
We begin with the people and they have to define the position. So relationships first, then build power among those people where they agree. So, based on support for thing like regional banks, interest rate cap, living wage, a very, very different kind of agenda. The words we don’t use much are equality, diversity, accessibility, inclusivity, because that’s not where people are. We work on living wage, anti-usury, regional banks, vocational colleges, workers on boards. And it’s a real change in the way that the party works.
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Regional Banks that are constrained to lend within a particular area are a necessary part of the institutional ecology in that they resist the centralising power of capital, allow a more stable access to credit for regional and smaller businesses and encourage relationships and reciprocity to constrain the demand for higher rates of return that have decimated the mutual bank sector in Britain. They also offer an alternative to usurious lending, one of the great growth areas in our economy. Any serious reflection on ‘employment policies’ must confront the centralisation of capital and the state and seek to constrain both through the endowment of decentralised regional and sectoral institutions that constrain centralisation and preserve and renew traditions of virtue within the economy through resisting the commodification of human beings, nature and knowledge demanded by the maximum return on investment. It allows initiative and enterprise to be oriented towards the future.