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

A senior Leaver tells Guido:

“Remainers have been outgunned. They were telling us EEA was nailed on and Spreadsheet Phil was going to get a 5 year transition.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Hammond Overspending by Just £10 Million an Hour Hammond Overspending by Just £10 Million an Hour
Momentum Soft Smut Snapper Rejected as Labour Candidate Momentum Soft Smut Snapper Rejected as Labour Candidate
All Smiles After Cabinet All Smiles After Cabinet
Who’s The Eye’s Telegraph Mole? Who’s The Eye’s Telegraph Mole?
UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire
Tory Glasto Hosted by Multi-Millionaire Gambling Magnate Tory Glasto Hosted by Multi-Millionaire Gambling Magnate
Hammond and Treasury “On Manoeuvres” Against Brexit Hammond and Treasury “On Manoeuvres” Against Brexit
Osborne Lands Job Number Seven Osborne Lands Job Number Seven
Civil Service ‘Not Really Preparing’ For No Deal Civil Service ‘Not Really Preparing’ For No Deal
Osborne’s Latest Duff Analysis Osborne’s Latest Duff Analysis
Corbynista Journo Banned from Conference Corbynista Journo Banned from Conference
Sheerman’s Shameless Shilling Sheerman’s Shameless Shilling
Carwyn Jones Picks a Winner Carwyn Jones Picks a Winner
Red Robbins: May’s Brexit Supremo is Soviet Sympathiser Red Robbins: May’s Brexit Supremo is Soviet Sympathiser
Owen Goes Full Brent Owen Goes Full Brent
What Caused Rachel Sylvester’s Volte Face? What Caused Rachel Sylvester’s Volte Face?
Labour Moderates Screwed Labour Moderates Screwed
WATCH Boris: “I’m Not Resigning” WATCH Boris: “I’m Not Resigning”
Corbynistas Seek Right to Suspend NEC Elections With “Venezuela Amendment” Corbynistas Seek Right to Suspend NEC Elections With “Venezuela Amendment”