The news that the Conservative Party intend to facilitate greater employee ownership in public services is one of the boldest policy announcements of David Cameron’s leadership. Labour has already thrown scorn on what appears to be political cross-dressing, and the left–leaning twitterati have pored over the proposal for inconsistency and policy naivete. But what evidence is there out there on the viability of such schemes, and how likely is it that the Tories could deliver this successfully?
I authored a Demos pamphlet on alternative ownership models last year, and while I’m more concerned with ownership pathologies in the private sector, the report looks at the potential and precedents for employee ownership in the public sector too. Here are three sets of questions thrown up by this morning’s announcement: