The world according to the man writing Labour's manifesto

All quotes taken from the final chapter of The Failed Experiment: And How to Build an Economy That Works, written by Andrew Fisher and published in 2014

Put private land in public ownership

The land was here before we were born and it will be here after we are long since departed. Does this mean all land should be publicly owned? Perhaps.

Nationalise the banks

Banks may set up subsidiaries in tax havens to avoid paying their dues, but their head offices are always proudly located in the major cities of their major economies. In doing so, they effectively nationalise their risk and offshore their profits. The first thing to do therefore must be to nationalise the banks.

Scrap the Channel Islands

The UK must also take on its tax havens – the crown dependencies like Jersey and the Cayman Islands. They are arteries of the global tax avoidance system. These corrupt island nations could be stopped by the UK, their sponsor, at any point. But they play a pivotal role within the global financial system.

Scrap the City of London

The City is now a square mile of entrenched reaction, the home of the devilry of modern finance. Nearly one hundred years on, with the City of London even more powerful, it is time its powers were abolished, and the relatively few people who live there represented by one of the neighbouring local councils, who should take over the municipal functions, with the rest absorbed by the Mayor of London and the Greater London Assembly.

Bring in three-day weeks

With the technology available today, the fact that so many of us commute long distances with long journey times and still work five or six days per week is ludicrous. Why shouldn’t the four or even three day week become the norm?

Ban companies from sacking staff

One solution to this would be a proposal put by a candidate in the 2012 French presidential election that profitable companies should not be allowed to make compulsory redundancies. After all, if the company is profitable what need is there to lay off staff?

Let renters buy property automatically from landlords

The Thatcher government introduced the right to buy but why not have that right extended to privately rented property too? Reflecting that many people now rent their housing not from the council but from private landlords.

Let workers take ownership of companies

Workers should be given the right to buy too. If workers can raise the necessary funds they should have the right to buy out owners (with government subsidies to encourage).

Let customers buy out companies