
'The Co-operative Party, the manifesto states, has always believed that the "commanding heights" of the economy must be publicly owned and accountable to consumers, workers and Parliament. When necessary new state enterprises should be created to take advantage of scientific research.
Key industries that fail the nation should be taken into public ownership; and where appropriate consumers' co-operatives, producers co-operatives and municipal enterprises should be encouraged'
These are the days when Harold Wilson promised to forge that white heat of technology and the coal mines were still open.