Jeremy Corbyn to 'Bring Back Clause IV' of Labour Party Constitution, Which Would Take Public Ownship of British Industry

Corbyn's a communist.

At the Independent UK, "Jeremy Corbyn to 'bring back Clause IV': Contender pledges to bury New Labour with commitment to public ownership of industry":

Jeremy Corbyn has risked provoking a damaging row at the heart of the Labour Party by pledging to restore Clause Four if he is elected leader next month.

In an interview with The Independent on Sunday, the man who has set alight the leadership race says the party needs to reinstate a clear commitment to public ownership of industry in a move which would reverse one of the defining moments in Labour’s history.

Mr Corbyn’s pledge will enrage many MPs and party members who see Tony Blair’s abolition of the old Clause Four two decades ago as a symbolic and essential move which recognised the importance of markets and made Labour electable.

However, the MP for Islington North, who believes he has captured a changing public mood, said voters, including the thousands who are signing up to Labour to vote for him, wanted to see a better return on public investment in railways and other infrastructure.

Asked if he wanted to restore the clause to the party’s constitution, Mr Corbyn said: “I think we should talk about what the objectives of the party are, whether that’s restoring Clause Four as it was originally written or it’s a different one. But we shouldn’t shy away from public participation, public investment in industry and public control of the railways.”

But his leadership rival Liz Kendall told the IoS: “This shows there is nothing new about Corbyn’s politics. It is just a throwback to the past, not the change we need for our party or our country. We are a party of the future not a preservation society.”

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