Share Sounds. from Thought for the Week related to Shares - Far East

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Genre: Shares / Topic: Far East
Strand: Share Radio Morning
Programme: Thought for the Week
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Gavin Oldham

Thought for the Week: Customer Stock Ownership to the Rescue?

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Customer Stock Ownership to the Rescue?
At first sight the challenges facing TikTok and John Lewis appear very different. For the former, it's the risk of being denied access to much of the free world as regulators clamp down over concerns of it becoming a major security threat. For the latter, John Lewis's need to raise investment is threatening the partnership which staff and customers hold in such high regard. These very different problems could, however, both be solved by applying customer stock ownership — in TikTok's case, in return for the immense wealth creation made possible by data harvesting; in John Lewis's case, in return for that £2 billion which they urgently need to update their business model. In each case, disintermediation leading towards a more egalitarian form of capitalism. Background music: 'On Hold' by Silent Partner
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