Miliband’s Key Aide: Predistribution is ‘Ugly’

Ed Miliband’s most senior and trusted adviser Stewart Wood has described the Labour leader’s key policy plank as “ugly”. While interviewing the violent French number-cooker Thomas Piketty yesterday, Lord Wood asked “how can you get people who don’t have access to wealth – in the ugly word ‘predistribution’ – to get access to wealth, to get access to those assets?” Which makes you wonder why, as one of Ed’s main speech-writers, he let the Labour leader drone on with the “ugly word” so much.

Here are Wood’s words, as read out by Ed, at the ‘New Agenda’ speech, in late 2012:

“We need to care about predistribution as well as redistribution.

Predistribution is about saying: We cannot allow ourselves to be stuck with permanently being a low-wage economy. It is neither just, nor does it enable us to pay our way in the world. 

Our aim must be to transform our economy so it is a much higher skill, higher wage economy. Think about somebody working in a call centre, a supermarket, or in an old peoples’ home. 

Redistribution offers a top-up to their wages. 

Predistribution seeks to offer them more.”

Lord Wood tells Guido that it was a “self-deprecating remark about the word. Nothing more.”  While the word itself is ugly, apparently the idea behind remains important. Something lots of people were saying at the time. Onwards towards the process of redistributing wealth, formerly known as predistribution….




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn at his leadership launch:

“Labour is stronger.”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

MATTHEW ELLIOTT ON WHY LEAVE WON MATTHEW ELLIOTT ON WHY LEAVE WON
OSBORNE GIVEN “SH*T” ROOM WITH NO VIEW OSBORNE GIVEN “SH*T” ROOM WITH NO VIEW
5,000,000 SIGNATURES: FEW POLICY CHANGES 5,000,000 SIGNATURES: FEW POLICY CHANGES
CORBYNISTAS USED CODE TO HIDE CASH-FOR-VOTES PLOT CORBYNISTAS USED CODE TO HIDE CASH-FOR-VOTES PLOT
First Lady Michelle Obama Carpool Karaoke First Lady Michelle Obama Carpool Karaoke
PMQ’s Sketch PMQ’s Sketch
How to Reach Westminster Politicians How to Reach Westminster Politicians
OWEN SMITH’S 999 EMERGENCY OWEN SMITH’S 999 EMERGENCY
MELANIA BORROWS FROM MICHELLE MELANIA BORROWS FROM MICHELLE
MAY: I WOULD PRESS NUCLEAR BUTTON MAY: I WOULD PRESS NUCLEAR BUTTON
New Uber Rival Tries to Get Unions Onside New Uber Rival Tries to Get Unions Onside
SMITH’S £200 BILION “NEW DEAL” PLEDGE BUSTED BY MCDONNELL SMITH’S £200 BILION “NEW DEAL” PLEDGE BUSTED BY MCDONNELL
CONGRATULATIONS MR AND MRS UMUNNA CONGRATULATIONS MR AND MRS UMUNNA
UKIP SEEKING TO TAKE ADVANTAGE OF “OILY” SMITH UKIP SEEKING TO TAKE ADVANTAGE OF “OILY” SMITH
FALLON WELCHES ON £1,000 PIERS MORGAN BET FALLON WELCHES ON £1,000 PIERS MORGAN BET
OWEN SMITH: IT WOULD BE “TEMPTING” TO BLOCK BREXIT OWEN SMITH: IT WOULD BE “TEMPTING” TO BLOCK BREXIT
NEW JUNIOR MINISTER APPOINTMENTS NEW JUNIOR MINISTER APPOINTMENTS
Social Media’s Filter Bubble Driving Political Anger Social Media’s Filter Bubble Driving Political Anger
Sun Names Elton John Sun Names Elton John
LABOUR MPS MAKE COMPLETE ANKARAS OF THEMSELVES LABOUR MPS MAKE COMPLETE ANKARAS OF THEMSELVES