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Andrew Singer's avatar

Excellent piece. Old loyalties have shifted. Labour is now the party of the public sector employees and the left-leaning intellectual elite. The previous large Labour-voting factory working class has greatly shrunk. And many have become white-van self-employed. They are drawn to Reform, not labour. Big shifts.

Ian Braithwaite's avatar

I can't think of a piece I've agreed with more. I've long been of the view that businesses are founded by entrepreneurs, mature under managers, and are finished off by accountants.

Richard Bassett's avatar

I completely agree with the idea as for decades I have seen companies ruined by managers who succeeded founders.

The problem is, in the world today, can a founder succeed in a business environment where compliance officers outrank creators, development talent, sales and logisitics people? Worse, where people are dumb enough to pay attention to Human Resources managers?

Ian Braithwaite's avatar

When I see "human resources", I think of watch towers.

Paul Booker's avatar

Excellent piece; totally concur! Indeed, the only way to liberate any economy, is to incentivise wealth creation, unfortunately Labour is now trying to make we Founders, wonder why we worked so hard and risked so much!

David Starkie's avatar

Can we, in addition, incentivise workers more by giving them some company equity. And when it comes to public sector workers, a major shift in attitude is called for by doing away with current defined benefit guaranteed pension scheme (based on taxation) and replacing with a model whereby they have skin in the capitalist game, through links to market performance.