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Full Commentary

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition for it.”

“A society that puts equality – in terms of equality of outcome – ahead of freedom will end up with neither equality nor freedom.”

Milton Friedman (1962 & 1980)

The news last Friday that every one of BT’s 100,000 employees would get shares worth £500 every year, in order to help motivate a turnaround and boost their confidence, knocks John McDonnell’s 2018 employee ownership proposals into a cocked hat. As Philip Jansen, BT’s new chief executive since February, says: “Is this a move to a more inclusive form of capitalism from BT? It absolutely is, and it is just the first part”.

Following in the footsteps of Milton Friedman, at the Share enterprises we’ve been arguing consistently for a more egalitarian form of capitalism for years: indeed, at Share Radio we have a website article dedicated to that aim. It’s therefore great news to be able to welcome such a significant initiative, from one of the UK’s leading companies.

Please read on .. as, in the interest of these initiatives spreading from business into politics, we challenge forward-looking politicians to include such radical solutions in their manifestos.



Please note that you're asked to sign in (as a one-off event) when listening to Share Radio, either as our live stream or podcasts, or for listening to Share Music via our website and/or apps. It’s part of our transformation, to make our service more relevant and personal for listeners: and it’s made possible by being 100% online.

After you first enter your email address and have activated it, you shouldn't have to enter it again - as your computer or mobile device will remember that you've signed up. It’s not unlike BBC i-Player which is also asking listeners to say who they are. 

However we are also entering everyone who signs up and activates into our fortnightly prize draw for an internet radio, pre-set for Share Radio and Share Music: so there’ll be a chance to experience one of our Ocean Digital WR-220s which respond to a simple on-off button.

Share Radio online is accompanied by Share Music, its sister online station: great instrumental background music for reading, drafting or entertaining.



Here's your 100% internet Ocean Digital WR-220 radio, pre-set with both Share Radio and Share Music channels!

With access to over 15,000 more radio stations across the world.

Very competitively priced at -

£57.95 + £5 post/packing (UK delivery)

Click here for full details and to order


When you just need some relaxing background music for reading, writing or entertaining, Share Music is there with an almost unbroken flow of instrumental folk music. It's a great complement to Share Radio, and if you buy an internet radio from us you'll find both Share Radio and Share Music preset and all ready to go.

Share Music has a great mobile app, Share Music UK, which displays information on tracks played.

Share Music



In a new partnership with publishers Harriman House, Share Radio has produced its first audiobook 'Superinvestors', written by Matthew Partridge and read by some of Share Radio's best known presenters: Simon Rose, Fenella Fudge, Glen Thompsett, Ed Bowsher and accomplished actor David Ricardo Pearce, whose ancestor is featured in the book.

Order your audiobook download of Superinvestors 

St. Paul's besieged

Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.

The main set of proposals are as follows:

Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young. 

Six key steps of egalitarian capitalism

  1. A proper programme of financial education to help people from all walks of life to build a personal store of freely disposable assets.
  2. Setting the conditions for disinter-mediation, in particular reducing the extent of parasitic inter-mediation which separates people from a sense of ownership and control.
  3. Direct share ownership: drawing together employee, consumer and share-owner, providing much improved corporate governance so that individual share-owners can participate fully in the companies in which they have chosen to invest.
  4. Calls for risk to be properly recognised when setting taxation on reward. This means encouraging innovation and continuing to recognise the risks taken by self-employed people.
  5. Addresses inter-generational equity, introducing a programme of incentivised financial learning for the disadvantaged young, fuelled from inheritance tax receipts, to enable them to achieve their full potential in adult life.
  6. Tackles one of the most difficult issues for democratic capitalism: universal benefits. It proposes a new voluntary approach for higher taxpayers to make discretionary payments for using universal, state-run services.


Share Radio offers free apps for both Apple and Android mobile phones and tablets: download yours without delay! It's the quick and easy way to listen live or listen again, and a great way to access our substantial podcast library.



Sign in and Listen

Don't delay - sign in for unlimited access to our live audio, podcasts and to Share Music today. A simple, one-off process which also enters you in our fortnightly draw for an internet radio! Check out our press release for more details. 

Read more about our 'Sign in & listen' strategy
The Bigger Picture: Britons' attitude to immigration, conspiracy theories and Cuba & Venezuela

Tim Evans, Professor of Business and Political Economy at Middlesex University, looks at a recent study showing that Britons are the most appreciative nation in Europe to the benefits of immigration. He also examines the addiction to conspiracy theories and takes a look at the current state of Cuba and Venezuela and why Donald Trump may be doing more harm than good.

This is Money: It might save you money but does the mortgage price war spell trouble in the future?

The mortgage price war claimed a high profile victim this week as Tesco Bank scrapped lending. Tesco Bank will continue with its other products, but why has it ditched mortgages, why have a string of other smaller players shut their doors in recent months, and why did building society behemoth Nationwide issue its own caution on home loans this week? On this week’s podcast, Simon Lambert, Sarah Davidson and Georgie Frost dive into what is currently a weird world of mortgages: where a greater supply of money to lend than demand to borrow it means there are some very cheap deals on offer. Also on this week’s show, the team look at a reader’s problem with a neighbour upstairs, who has stripped the floor back to floorboards and is creating noise issues, despite a lease that says there must be carpets. How do you enforce that? Thomas Cook’s troubles and what they mean for holidaymakers are under the spotlight too. And finally, ever wondered why sometimes drivers get a ticket but at others escape with just a warning, or what really drives police officers mad behind the wheel?

SR Interview: Royal Mail issues postbox renaissance

It’s a time of change for one of Britain’s beloved high street staples: the post box. In the first major repurposing in 160 years, Royal Mail are introducing “parcel postboxes” – a way for those short on time to post parcels without those pesky post office queues. But could this be another nail in the coffin for the existence of the high street post office? In this episode of the Share Interview, Vicky Sayers is joined by Mark Street, Head of Campaigns at Royal Mail.

The Business of Film: John Wick - Chapter 3 - Parabellum
James Cameron-Wilson dissects the UK box office chart, headed by Keanu Reeves in John Wick: Chapter 3 - Parabellum, boosted by preview screenings. Without that Pokemon Detective Pikachu would have kept pole position. The only other new entry is a Canadian TV cartoon Paw Patrol Mighty Pups. For his DVD of the week, James extols Burning from South Korea's Chang-dong Lee, termed a "mystery romantic drama".
SR Interview: Could you be kinder?

Is “the kindness of strangers” becoming an old-fashioned concept? Research by the British Red Cross has revealed 3 out of 4 of us in the UK feel we could be doing more to be kinder to others, and that preventing another person from feeling lonely is widely considered the most important act of kindness. Vicky Sayers is joined by Clinical Psychologist, Dr Sarah Davidson, to find out how one small act of kindness a day really can make all the difference.

NEF: A Beginner's Guide to Neoliberalism 7 – Changing the Rules

It’s been 4 years since Kirsty Styles and James Meadway told the story of neoliberalism, from Hayek to Thatcher to the end of history. But now, the band is back together, alongside NEF chief executive Miatta Fahnbulleh. It’s 2019, the world is on fire, and it’s time to change the rules.

CSJ Podcast: How can we fix the UK’s prison system?
Rory Geoghegan, Head of Criminal Justice, discusses the CSJ's latest report on prisons - Control, Order, Hope: A manifesto for prison safety and reform - with Patrick Spencer, Head of Work and Welfare.
Modern Mindset: Manifesting Money

Adam Cox talks to Venetia Zannettis, a law of attraction expert, about the science behind people getting the things they truly want for themselves. Whether it’s better relationships, your dream career or even getting rich; Venetia is adamant that if you believe in your desire and that you deserve it, both consciously and subconsciously, you’ll get it. On the flipside, Venetia talks about how worrying about a negative future could actually be a self-fulfilling prophecy. Tune in for tips on how to attract more of what you want, including a big fat bank account.

Gadgets & Gizmos: 5G stalled by lampposts

Steve Caplin goes automotive, looking at Dyson's plans for an electric off-road car, the Honda e with swift recharge, the electric Jaguar E-type with optional original engine and Hydrogen-powered double-decker buses. He explains why 5G has been stalled by lamppost problems and why Jeff Bezos thinks he can have a moonbase by 2024 while Elon Musk thinks he can get to Mars by then. Australia's $50 note issue was marred by a spelling mistake, Barcelona has a self-charging e bike and there's a very cheap credit-card sized charger to take around with you.

The Week That Was And The Week Ahead: Marks, Merlin, Royal Mail & Utilities

Graham Spooner of The Share Centre looks at recent news from Marks & Spencer, Merlin, utilities including SSE, United Utilities and Severn Trent and Royal Mail. And with results season almost complete, he looks ahead to full year numbers from Johnson Matthey.

Motley Fool Answers: Market Volatility, IPOs, and More with Morgan Housel

Saving, spending, planning — you've got money questions and we've got answers. Every week host Alison Southwick and personal finance expert Robert Brokamp challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves. In this week's episode, Morgan Housel from the Collaborative Fund is back to talk about recent market volatility, IPOs, and whether or not to increase your cash position.

VIDEO: Tracking down £1bn of missing Child Trust Fund cash

Every child in the UK born between 1 Sept 2002 and 2 Jan 2011 has a Child Trust Fund (CTF). But one child in six has lost contact with the money. Gavin Oldham, Chairman of The Share Foundation – which runs the Junior ISA & Child Trust Fund schemes for children in care for the Department for Education - is trying to re-connect them. He talks through the CTF, how to track an account down, and what a child can and can’t do with the money.


In a new partnership with publishers Harriman House, Share Radio has produced its first audiobook 'Superinvestors', written by Matthew Partridge and read by some of Share Radio's best known presenters. 'Superinvestors' lays bare the investing secrets of legendary investors - from early 20th-century figures such as Benjamin Graham and John Maynard Keynes, through to more modern names such as Anthony Bolton and Warren Buffett.

The Share Foundation

How you can help young people in care prepare for adult life by supporting The Share Foundation’s ‘Stepladder of Achievement’ programme.


Share Radio Apps

Share Radio offers free apps for both Apple and Android mobile phones and tablets: download yours without delay! It's the quick and easy way to listen live or listen again, and a great way to access our substantial podcast library.




We've selected a range of partners to help you navigate your way through the money maze, or to bring you their special products and services. There's offers for individuals and for businesses, and the range will build: so check out our Offers page regularly to see what's there!

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Share Radio has put together a list of our ‘Top 5 Money Saving Apps’ to help our listeners make the most of their money.  All the apps featured here are free to download on either iphone or android devices. Read more...