There are only two statements of aims in the Labour Party’s Constitution. One is an open-ended promise ‘generally to promote the political, social and economic emancipation of the people, and more particularly of those who depend directly upon their own exertions by hand or by brain for the means of life’. The second is the sentence, popularly known as Clause IV, which commits the Party to common ownership. The adoption of Clause IV marked the acceptance of socialism by the Party. To many of its supporters and opponents since then the Labour Party’s concept of socialism has virtually been synonymous with public ownership.
Labour Movement Public Enterprise Labour Party Public Control Labour Representation
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