Video summary
The speaker opens by reflecting on the transformative power of local community action, citing the People's Republic of Strath as a pivotal example where grassroots efforts helped spark the Extinction Rebellion movement and a new wave of environmentalism. He argues that while celebrating local cooperatives and common assets is vital, it is insufficient without a corresponding political voice to protect and expand these initiatives. The core philosophy presented is that communities are best managed by those who directly use, benefit from, and rely on the resources for the long term, a principle central to both the cooperative movement and the revival of the commons. However, the speaker warns that relying solely on local activism without addressing the broader political context risks allowing these efforts to become isolated side shows rather than drivers of genuine social change.
A significant portion of the talk addresses the issue of economic dispossession caused by foreign ownership of British land and housing, which has doubled since 2010. The speaker contrasts this with countries where foreigners are legally barred from buying land, arguing that allowing international capital to purchase property in Britain drives up rents and prices, effectively extracting wealth from citizens into a global system that does not serve local needs. He extends this critique to the role of major financial institutions like BlackRock, accusing them of profiting from both war crimes abroad by supplying arms for conflicts in Gaza and at home by managing private rental sectors that squeeze tenants. This dual exploitation is described as a form of "genetic dispossession," where rising housing costs prevent young people from starting families, thereby shrinking the future potential of the nation.
The speaker then critiques the current British political landscape, noting that major parties, including the Cooperative Party and Reform UK, fail to offer coherent policies that protect citizens from this extraction. He highlights the irony that politicians who claim to defend national interests or champion community ownership often vote against civil disobedience groups and support state actions that enable colonial exploitation abroad while simultaneously facilitating economic dispossession at home. The argument is made that restricting foreign land ownership is not racist but rather a necessary defense of the economic rights and privileges of citizens, especially given that ethnic minorities in Britain are disproportionately affected by poor housing conditions caused by these market forces.
In conclusion, the speaker calls for a radical revival of commons-related politics that combines practical local action with a strong, unified political agenda to reclaim control over economic life. He asserts that if an ownership model is good enough for one community, it should be good enough for all, and that defending the right of Palestinians to their land is logically consistent with defending the right of British citizens to own their homes. Without this combined approach of practical cooperation and political courage, Britain risks becoming a nation of debt slaves run by elites who prioritize profit over human well-being. The final message is an invitation to become "green shoots" emerging from the rubble of old systems, using both community building and political advocacy to build resilience against global crises and ensure a future where citizens, not international capital, hold the power.
Read the full video transcript
I'm very pleased to be back in the
People's Republic of Stra.
Um I first saw that in the the backdrop
of a a a talk that Gail Branbrook was
doing in 2018 called distinction. So
this town of Stra played a key role in
uh extinction rebellion which then
played a massive role in a new kind of
environmentalism talking about climate
as an urgent uh peril that we're in. Uh
so yeah, it shows you what people can do
uh from town Mike Straoud. So I
mentioned that because I've been
thinking
about all the good things we've been
hearing so far at this conference um and
the importance of more commonly assess
managed assets cooperatives and such
like. So that's on the one hand
and a greater political voice on the
other which often requires activism and
new ideas around that.
So um I'm going to talk about that
probably for about 25 minutes and then
I'll invite you to discuss in groups
what you feel about what I've said and
then we'll do a bit of Q&A after that.
So this is a a very different kind of
talk for me um
because
I've never done a speech about
specifically about politics before
explicitly about politics and I was
involved in politics the first half of
2017. I worked with Jeremy Corbyn and
his top team uh in the run-up to the
election in 2017
writing speeches and doing strategic
communications and helping with the
manifesto. But that was very much the
back office and then after that I then
uh trained some people who who are now
running the back office like Morgan next
week. I can't have that connection, but
I've never myself done a political
speech because of that. Um, I'm going to
use notes.
So, please, I want to get it right.
Because I actually feel a bit nervous
about talking about politics because
we're in a time where people get very
upset very quickly. Um,
so sit. I'll say it. We'll see what
happens.
So since the start of XR extinction
rebellion, obviously things um have been
getting both worse and weirder. So with
climate being climate change, global
heating has been accelerating faster
than anyone anticipated and people's
delusions about that have been
accelerating faster than anyone
expected. And part of that is the
understandable alienation that many
people feel from experts and
authorities. Um, and also the kind of
elitist form of environmentalism which
seems to dominate with both policy and
budgets. And so within that context, I
think that anything we can do which
returns power to communities important.
And that's why I was so keen to join in
at this conference. some so the moment
the discussion about what is a revival
of the commons meaning why is it so
important um particularly in this time
when um as I see it we're not only in a
time of societal destruction but some
kind of creeping collapse of all the
systems that we depend on the
opportunities we once had so
I want to check on whether we agree on
something do we agree the people best
place to look after something are those
who use it, benefit from it and rely on
it for the long term.
>> Yeah.
>> And in the right place.
>> So that's the idea at the heart of the
communist movement and the cooperative
movement and of promoting what we might
call citizen ownership more generally.
So I think we should get quiet about the
ownership aspect of what we're talking
about uh both for common or cooperatives
specifically we're interested in the
fairness of ownership of property assets
and enterprises and that's important in
principle and in practice in this
increasingly diff
of societal disruption. It's involved in
principle because the increasingly
remote and extractive forms of ownership
are a significant systemic cause of the
worsening and weirdening of everything
in our societies. And it's important in
practice because both big corporations
and the big government agencies are
meeting people's needs and aspirations
less than before and will continue to
decline in that role.
Now, history teaches us that any serious
attempt at socopolitical change must
involve both practical action and we
showed some amazing examples of that
just in the last session but also
political voice. So I want to pose a
question.
Would you be happy if in 10 years from
now there are a few more cooperatively
owned houses, shops and pups in your
local area, but the sector of
cooperatives and the availability of
resources held in common both physical
and digital hadn't grown at all compared
to today. Would you be happy?
And that would also mean with the trends
that we're seeing that Britain would be
even less resilient than it is today
happening with world's environment and
all the political issue.
So if that may not be good enough then
we need to think a bit more politically
which means that there needs to be a
clear philosophy and voice around the
role of the commons and about more fair
and up close ownership in general. We
need to be clear about the importance of
more citizen ownership of the assets in
this country both physical and digital.
So yes, we can celebrate the activity of
people and cooperatives and the commons
as we're doing this weekend, but we
shouldn't think that means we can ignore
the political context around us, how
that's changing and what we might be
able to do about it. So yes, let's keep
working locally. I myself involved. I'll
mention that later. But I think it would
be unwise to consider that a replacement
for political engagement rather than a
compliment to it.
We can see that the state helps not
hinders efforts to scale up citizen
ownership. And for that to happen in a
meaningful way, we've got to revive the
politics around citizen ownership for
this new context of societal disruption
and decline. So it needs me means we
need a political agenda that's relevant
and relatable to real interests as well
as internationalist and divorced from
technofudal and techno athoritarian
trends.
So what I want to do in my talk is
explain why a revival of commons related
politics needs to happen and I'm going
to give a couple of examples of the
incoherence as I see it not only of
current cooperative politics in Britain
but also the wider political class and I
believe if we don't articulate politics
of revoling the commons which also
speaks directly to the mainstream of
political conversation Today we're going
to become selfinvolved sideshow
misselling our group projects of
cooperatively going pubs shops and
houses with a fanciful claim that this
adds up to wider social change.
>> [applause]
>> Traditionally, the cooperative party has
been regarded as representing the
interest in community ownership within
British politics. Many people don't even
know the cooperative party exists as 43
ops in partnership with Labor on your uh
House of Commons today. Representatives
of the Cooperative Party say that
they're very proud of being distinct and
yet in cooperation with Labor, that they
partner with them as a kind of a form of
conscious marriage rather than a forced
one. And there are some good policy
initiatives coming from the C- party
such as securing the legal right to lock
assets with an within a co-op to stop
greedy carpet baggers from deutralizing
them. And that's a reminder of the
potential role of the state in the
partner state in supporting not
hindering cooperative ownership
and with the new English devolution and
community engagement bill. If it becomes
law, then that's also going to be a
small success for the co-op party in
strengthening community right to buy
assets of particular community
importance. But of course that doesn't
mean there's going to be financing to do
that especially in the context of
inflating land prices and the start of
government scrapping of the community
ownership fund might actually turn out
to be more consequential for community
ownership.
I think in truth you only get crumbs
from the fat cats when you choose to sit
at their feet.
So I want to propose today that we need
a new kind of commons politics for this
era of societal disruption. One that's
radically coherent and relevant to
people today both home and abroad.
We're going to look at the fundamentals
for that. Commonly owned property is
good because it means the property is
owned by the people who contribute to
it, who benefit from it and therefore
are committed to it long term.
This is the obvious benefit of more
uplose ownership rather than distant
ownership.
It's just like citizenship in a country.
Citizenship is good because it means
rights and privileges of being a citizen
of a country are for the people who
contribute to it, benefit from it and
therefore are committed to it over the
long term.
So exactly the same political philosophy
means we can become concerned about the
purchase of British property by foreign
persons and foreign corporations. If
they are not citizens or the
shareholders of corporations not
citizens, then that acquisition of
property in the UK represents
international capital, raising the
prices of housing and rents for British
residents, which means they're helping
to extract money and time from our
country into the international money
system. This is the opposite of uplose
ownership that the commons and
cooperative move movements clearly
recognize as important. And that is why
it's important that foreign ownership of
British land and housing has doubled at
least since 2010. And that's not
including the recent upswing in house
buying by companies that are owned or
financed by international capital.
Bankers call it investment. It is
actually economic dispossession.
Now people are waking up to this when
they see that foreign own water
companies are taking away our money and
just leaving us the sewage but there's a
far wider exploitation of Kerala.
Now in the last few years I've lived in
Indonesia and as a foreigner there I'm
not allowed to own land.
So for my organic farm and farm school I
need to buy at least 15 years. Um, so in
future that land will return to the
family and who've lived there for
generations.
I'm completely fine with that because it
suits my values of not being there as a
colonialist.
Now in 60% of countries in the world,
foreigners and foreign corporations
can't buy land.
So that means unlike us and Britain or
Europeans or Americans or Australians um
so for 75% of people
in the world they're not competing with
international capital for the price of a
roof over their head or the price of a
business parases or the price of a price
of a piece of land to grow their own
food. It's because such countries have a
recent experience of foreign capital
seekings would exploit their people.
They know they need to fight against
economic dispossession.
But today, former colonizers like the UK
or we're being colonized by the
Frankenstein we created, which is the
transnational capitalist class.
People that you may have heard don't
globalists.
So restricting foreign ownership of land
is a logical complement to an ethos of
promoting more uplose ownership. a
citizen ownership agenda is a logical
compliment to support for the commons.
However, the political imagination in
this country has been so distorted that
such an idea might even be dubbed
racist.
That's despite people from ethnic
minorities disproportionately
experiencing problems from rising
menace. So in Britain, ethnic minorities
are up to eight times more likely to
experience over founding or unhealthy
living conditions compared to the
national average. Now neither the
cooperative party nor any of the
traditional parties have any policy
proposals on this matter. The closest
was 2% search charge on standard duty
brought for foreign buyers brought in by
the tries but that raised some revenue
but did nothing to curb foreign
ownership which was boo.
And guess what? Reform UK has no
proposals on this despite its rhetoric
about defending Britain. Why? Because
they're run by bankers who say whatever
appeals to a disgruntled public by
ensuring that the transnational
capitalist class of which they're a part
will continue to exploit us, the general
public.
So if we care about the commons
as a principle, it's good enough for
everyone, then we're caring about the
economic rights and privileges of
citizens. And if being a citizen is
meaningful, then it involves having a
preferential right and opportunity for
economic control in the country where
you have that citizenship. So we
shouldn't be quiet about that because of
fearing some kind of backlash from
people who want to shame us I would say
fake leftists and progressives who
dominate British media and politics
today and we should challenge the fake
nationalism of reform UK because
moderate immigration can be welcomed and
celebrated and that's not
the same as the economic dispossession
of British citizens by international
capital. So why am I talking about this
at the festival of comedy?
I think we won't move out of an
ineffective duke of ghetto unless we
become coherent and relevant in our
analysis and proposals and try and speak
to where people are having conversations
in the mainstream
which then also brings us to the most
extreme form of economic dispossession
that we're witnessing in the world right
now.
The term we give to this is settler
colonialism.
There's a lot of evidence to support the
claim that the history of Israel has
involved the theft of land by foreigners
and the international capital they use.
So it's a contemporary form of
colonialism. Now obviously some of the
resistance to that process by some
Palestinians has caused great suffering
to innocents but decent people will
never accept the view that
non-combatants are jointly responsible
for the actions of their governments or
militia.
According to the legal experts, the
British government and some British
corporations are enabling war crimes.
That includes making and supplying the
armaments required by the IDF.
The field of so-called responsible
investment has been silent about
profiting from those war crimes.
Take a notable example. Black Rockck has
large shareholdings in firms that supply
arms to the idea. That even includes a
direct stake in Elbert Systems, which in
this country manufactures the means for
forcibly moving and killing innocent
civilians. So to the legal experts, that
looks like profiting both from economic
dispossession and genetic dispossession.
So when the shareholders, directors and
staff of Blackrop choose to profit from
enabling genocide, they reveal who they
truly are and what the system they
administer truly is. Both they and the
system they function within are applying
a similar extractivist and destructive
logic everywhere including even here in
Britain because Black Rockck is one of
the largest shareholders in Range of PLC
the UK's largest listed private rented
sector landlord.
These firms are seeking to profit from
ever higher rates, which means on the
first day of every month, they're
sucking the lifeblood out of Britain.
So, I'll say it again. Making it harder
to own your own property or afford a
roof over your head is a form of
economic dispossession.
Rising housing costs are making it too
costly for young people to move out of
their parents' homes, plan for the
future, or consider starting a family.
Research on this finds it's one of the
most important reasons for why young
people are having kids.
So by killing the very idea of babies,
this is a form of econ not just of
economic dispossession but also genetic
dispossession and it's imposed by global
capitalists who are shrinking the sense
of possibility of younger generations in
our country by race or creep.
But we haven't heard any [clears throat]
flavor of this uh we haven't heard any
any of this from any flavor of media or
political party. Not my heard. But from
Gaza to Gaines Head, global capitalists
are advancing the economic dispossession
of citizens. In Gaza, the violence is
extreme and overt. But in the areas of
Britain where everyone goes into debt
and mental servitude, there's a subtle
and more covert form of violence. It's
one where parents go hungry so they can
still feed their kids or where people
get sick in the winter because of a lack
of uh adequate eating.
Life in Britain seems a very different
world to Gaza and thank God it is. But
we're all being subjected to processes
of the economic dispossession by of
citizens by global elites. Abroad, we're
seeing a violent transfer of economic
control. And at home, we're seeing a
peaceful transfer of economic control.
But when we object to either of those
processes, the state becomes violent to
our rights and our bodies.
So firms like Black Rockck are helping
armies kill babies in Gaza, but they're
also helping to kill the very idea of
babies in the minds of young Britain.
Now, it should come as little surprise
that members of Britain's political
class who enable colonial exploitation
abroad are also enabling it here at home
in Britain.
The common factor is the political
class. All of them, whatever their
rhetoric, aren't helping families who've
been embedded in place for generations
with their ability to ward off
international exploitation and economic
dispossession.
They don't prioritize ordinary people
having the capabilities to care for
ourselves and each other. Instead,
they're acting as servants of money to
the elites.
And it's this political context which is
so central to any effort to build the
commons of cooperative sectors in
Britain and beyond.
All 43 MPs of the Cooperative Party
voted to ban a nonviolent
civil disobedience group by prescribing
it as a terrorist terrorist
organization.
So whatever else their vote might
indicate for us here today, it suggests
they're not coherently understanding
that uplose ownership begins with
principle of not being forced off your
land at gunpoint.
So it points to the need for a new
political movement around the commons
and around cooperatives.
Now the darkness I've described isn't on
just one side of the political spectrum.
Reform UK have had no interest in trying
to stop our government's support for an
ongoing colonial genocide and Reform UK
have no policies on the foreign
ownership of British land. So they don't
care about you owning the land where you
live or the Palestinians owning theirs.
This demonstrates their fake advocates
for a more national control and instead
are just preserving the banker's
exploitation of everyone from Britain to
Palestine.
Of course, it's not inevitable that all
MDs will remain this way once they
realize their treachery.
To help that happen, we can become clear
about our various interests, forming one
career agenda. I'm inviting us all to
make more explicit that the political
interest we have in reclaiming control
of economic life is a universal one.
It's good enough for everybody if it's
good enough for us. And that means we
want political support for that at home
and abroad. So it's neither racist to
condemn Israel nor is it racist to
demand Britain is not sold off to
non-citizens.
I want us I want to invite us to feel
more confident in saying that just as
Palestine is not for stealing, Britain
is not for sale.
And within that context, we get to
explain why more uplose ownership in the
form of more cooperative, more commonly
held resources is actually so central to
our future.
And if we don't combine practical action
with a louder strong political voice
with uplose ownership or citizen
ownership as a foundation stone for that
then I think Britain will continue on
its path towards a nation of renters and
debt slaves. Ours will be a country run
by bankers and elites who use our
citizens capabilities to genocide others
while waving the flag and telling us who
to fear and who to blame.
Instead, we could help to make citizen
ownership the foundation of resilience
in a turbulent future.
So, let's not get stuck amidst the
rubble of the old ways. Let's decide to
be those green shoots that appear in the
cracks through both practical action and
political voice.
[applause]
>> [applause]
>> Heat.