Essentials Quote by Roy Jenkins
“A substantial extension of public ownership is an essential pre-requisite of greater equality of earned income”
About This Quote
Source Speech: Political address on economic policy
Advocates expanding public ownership to achieve fairer income distribution among workers.
In simple terms: More public ownership leads to income equality.
Support policies that increase collective ownership.
Themes
Mood
Type
When to use this quote
- tax reform
- public enterprises
- worker cooperatives
Key Concepts
Questions to Reflect On
- What models of public ownership work best?
- How to balance efficiency with equality?
Implementation faces political resistance and market complexities.