“Joy multiplies when it is shared among friends, but grief diminishes with every division. That is life.”
R A Salvatore
Capitalism’s reputation remains deeply challenged in the public eye, notwithstanding Boris Johnson’s spectacular success at the polls a month ago. To most people, it speaks of wealth inequality, of a cold and hard approach to business success and failure, of elitist and inaccessible power brokers, and of failing banks. The news that the number of flotations on the London Stock Exchange fell to just 35 last year compared to 79 in 2018 bears out the fact that capitalism is becoming more and more private, and the public feel it.
We therefore need to re-awaken a popular taste for capitalism. It cannot be done by privatisations, as in Margaret Thatcher’s day: there isn’t much left for Government to sell. But there’s a much more sociable and enjoyable way to do it, in pubs and clubs across the United Kingdom, and at all levels of society - including those ‘Red Wall’ constituencies - and it’s called the Investment Club.
So please READ ON .. as this week we make a radical new proposal, for Chancellor Sajid Javid to introduce an ‘Investment Club ISA’; and light the touch paper for large numbers of people to start enjoying straightforward investing.
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In a new partnership with publishers Harriman House, Share Radio has produced its first audiobook 'Superinvestors', written by Matthew Partridge and read by some of Share Radio's best known presenters: Simon Rose, Fenella Fudge, Glen Thompsett, Ed Bowsher and accomplished actor David Ricardo Pearce, whose ancestor is featured in the book.
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Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.
The main set of proposals are as follows:
Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young.