Comments for Rebellion Sucks! = a blog for socialism & self-determination

Comment on John Lewis Partnership – socialism in action by David White

David White — Fri, 04 Jan 2013 23:48:46 +0000

I have a question. JL is owned by the employees and is a partnership. Are the partners protected by any form of limited liability as share holders are? If they were suddenly to make a huge loss and went bust would the employees as shareholders be liable for any large debt that may have built up?

Comment on John Lewis Partnership – socialism in action by David White

David White — Fri, 04 Jan 2013 23:41:33 +0000

JL works in a market. The market is not a capitalist market, it is a market. Capitalism is where industry and commerce is owned by persons other than all those who work for the company. With limited liability companies that can be anyone who buys the company shares. You cannot buy shares in JL so it is not capitalist.

Comment on Des Browne tries to silence cornoners’ criticisms of the MoD by Arms industry corruption in British parliament | Dear Kitty. Some blog

Arms industry corruption in British parliament | Dear Kitty. Some blog — Fri, 13 Jul 2012 07:20:37 +0000

[...] the Lords’ terrace bar overlooking the Thames where he “frequently” meets Des Browne, the Defence Secretary, and other [...]

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