actually, the flowchart looks up to date to me - at least it does once you realised that previous directors and no longer trading companies are greyed out. There seem to be about five companies still left, most of them publishing
A chart including dead companies and former directors is even less useful. There's very little interesting or revealing information included, and what there is is lost in a big obfuscatory web of irrelevance.
The SWP, which has a publishing house, a newspaper, a magazine, a semi-academic journal and a bookshop, and which used to run a commercial printers, therefore has some companies. The directors of those companies are senior SWP members. Who exactly is supposed to be scandalised or perturbed by this?
The mention you made above of the Hallas trust having 130k is about the only potentially interesting part of this bit of the thread, but well, without knowing what that money is actually for it doesn't really get us much further. And, it has to be said, that even in the incredibly unlikely event that the SWP leadership are feathering their nests, less than 9k per CC member isn't going to get them very far.
ftr he appears to still be the Director of Sherbourne Publications, LMHR (which must be a massive money-spinner) and 'BWTUC Trading Ltd'... if the chart is current
its certainly an odd way of doing it. what is - eventually - noticeable is how few of the people still listed i've heard of. Rebecca Reese? Simon Curlett? Alex Patterson?A chart including dead companies and former directors is even less useful. There's very little interesting or revealing information included, and what there is is lost in a big obfuscatory web of irrelevance.
Sherborne is listed as having a net worth os -£264k, which more than wipes out any supposed surplus in Hallas. It would seem they're technically bankrupt. As well as...
Smith has gone from at Sherborne Pubs at least (as of March 31), still seems to be at LMHR and BWTUC. Altho as BWTUC is Workers Beer Co, isnt it, I dont think it should really be on there.
...
ftr he appears to still be the Director of Sherbourne Publications, LMHR (which must be a massive money-spinner) and 'BWTUC Trading Ltd'... if the chart is current
edit: not to mention that Sherbourne Publications is the primary publishing company, that also runs Bookmarks and produces the magazine and journal...
Mr Martin James Smith was born in 1963 and the first directorship we have on file was in 2010 at Lmhr Ltd. Him most recent directorship was with Love Music Hate Racism Limited where he held the position of "Organiser". This company has been around since 17 Oct 2009 . Martin has held 4 directorships, 1 of which are currently active, and 3 are previous.
To be a coop, they'd have to actually be a coop. Not just pretend to be one. There are irritating extra requirements for coops, and they'd never be able to prove them.What was preventing them from financially operating on the basis of co-operative though? Of course, issues of finance are always going to be problematic for serious socialist organisations, but my guess is that if the membership were ever allowed or encouraged to discuss/debate such matters, then a groundswell would develop in favour of open transparency and a co-operative economic model.
Mr Martin James Smith was born in 1963 and the first directorship we have on file was in 2010 at Lmhr Ltd. Him most recent directorship was with Love Music Hate Racism Limited where he held the position of "Organiser". This company has been around since 17 Oct 2009 . Martin has held 4 directorships, 1 of which are currently active, and 3 are previous.
The combined cash at bank value for all of Martin's current businesses is £0
To be a coop, they'd have to actually be a coop. Not just pretend to be one. There are irritating extra requirements for coops, and they'd never be able to prove them.
There are distinct advantages to being a straightforward company. Especially when you avoid virtually all serious examination if you're small enough.
OK, that makes some sense, and on that basis it would be an easy debate to win for the leadership, especially when coupled with the requirement for avoiding state interference/investigation.
No doubt that at an earlier stage of IS development such matters were considered by the vanguard of the vanguard. Nonetheless, as an ordinary grunt member i remember feeling slight unease about the cloak and dagger approach to finances within the party.
There are a couple of less well know names on their that I recognise. Also there are SWP full times who you don't tend to come across much. I once got a call from the SWP finance office, and it was not one of the normal office staff. It stands to reason for there will be a few people who's work is mostly bureaucratic and not especially political. Maybe some of the other names are from that side of things.Well, that's part of the point of having so many separate companies. Corporate veil and all that. One can go under and it will have fuck all effect on the assets of another.
And yes, some of the remaining names are a bit odd. Particularly as nothing comes up if you search for their names and SWP and/or Socialist Worker.
To be a coop, they'd have to actually be a coop. Not just pretend to be one. There are irritating extra requirements for coops, and they'd never be able to prove them.
There are distinct advantages to being a straightforward company. Especially when you avoid virtually all serious examination if you're small enough.
The SWP also opposes capitalism but this hasn't prevented it from utilising the stocks and bond shareholder model (presumably to allow them maximum flexibility?). Somewhere along the line decisions were made about such matters - and one must assume that other decisions were a possibility. This might have included the possibility of a co-operative model?I'm not aware of anything you have to prove - just incorporate under the model Articles of Association (etc) and you're a co-op.
That said, the idea of the SWP registering as a co-op is absurd. They oppose co-ops (or have in the past). The standard Articles of Association make "democratic centralism" fiddlier to impose on the members.
There is that. Though extracting co-op accounts from the Registrar is a deterrent, whereas the standard accounts (non-informative for companies with turnover under £6M) are available with a few mouse clicks for £3.
It seems very unlikely that he (a) has effective control of any of those companies which (b) cannot be relatively easiy revoked or circumvented and (c) involves control over significant amounts of money. And it seems even more unlikely that he (d) could use such a position to effectively blackmail his leadership allies in a way that (e) worked even as the SWP lost large numbers of members and their money and (f) never came out, even though CC members went over to the opposition.
It sounds somehow satisfying to ascribe much of the SWP cataclysm to a grubby squabble over money but it just doesn't pass the small test.
his revokation would depend entirely upon the constitutional framework set down in the business charter - as would his powers over the company - and if we're going to presume that accounting games are being played with these companies (which i don't think would be unfair) then LMHR in particular has the potential to be funneling an awful lot of cash.
i don't particularly find it 'satisfying' to attribute the refusal of the CC to remove Delta to money (and i'd add to that 'connections') but it's at least a comprehensible reason why they'd pursue such a self-destructive course.
However tempting, its not plausible that lucre could have influenced the thinking of intelligent and committed men and women who have invested their political lives on expanding the influence of the SWP. Its much more likely that dedication to maintaining their stalinized modus operandi was fundamental.
i have no idea why you think those two possibilities are so ludicrous, particularly considering the CCs unwillingness to remove Delta (despite massive pressure).
having multiple companies as a corporate veil is an eminently sensible way to operate when you're dealing with large sums of money, and multiple arms of different campaigns all dealing with separate groupings and organisations.
it's obviously not an open-shut case but the desire to strike off the possibility offhand is bemusing
i suppose Deltas life may have altered a little recently.
Does anyone know whether he's signing on, or relaxing in the sun on a white sanded coral reefed island east of Indonesia?