Mr McDonnell also talked about a “right-to-own” policy for workers to own a stake in the organisation they work for. It’s a policy that was adopted by Ed Miliband when he was leader, and one that has been pushed consistently by the Co-operative Party.
Setting into motion his and Jeremy Corbyn’s future policies, Mr McDonnell told delegates at the Manchester conference that the economy is failing and the answer is all about fairness.
Fairness can be one word to perfectly sum up the principles that make co-ops. So it’s clear that co-operatives need to speak up and find sustainable solutions to help fix all parts of the economy.