The case for public ownership of the banks

The case for public ownership of the banks

This pamphlet, It’s time to take over the banks, makes the case for a publicly owned finance industry that provides a public service, giving financial support to industry and working people. Taking over the banks will enable planning, investment and the creation of millions of jobs. A publicly owned and democratically accountable banking system is essential to developing such a programme.

The Fire Brigades Union has produced this pamphlet as a contribution to the debate on the economy. It arises out of the motion on the issue, which the FBU successfully moved at the Trades Union Congress 2012. We were very pleased that this was the first time that such a motion has been carried at the TUC. We hope it will be debated by our comrades in other unions and by other workers discussing the case for an alternative to the policies of the coalition government.