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In government, Labour helped established Supporters Direct to help football fans gain a collective shareholding in their clubs through a co-operative enterprise. Tens of thousands of fans are now co-owners in the club they support through supporters’ trusts.

A similar support agency could help employees in the private sector gain a stake in the firms they work for, or help unemployed workers establish new co-operatives. The "right to own" must become a reality for the many, not just the few.