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Oonagh MacDonald

British management consultant and financial expert, member of England's Financial Services Authority Board of Directors until 1998, Visiting Fellow, International Institute of Banking and Financial Services at the University of Leeds


The record for nationalized industries even with the limited moves towards industrial democracy in the 1970's does not suggest that that form of common ownership can ever provide acceptable forms of democratic participation. It is time to move on.

1988 - from an essay published in New Socialist, x/xi