Clause IV

Clause IV was part of the 1918 Labour Party constitution which stated nationalisation as an aim of the Party in government. It says:

To secure for the workers by hand or by brain the full fruits of their industry and the most equitable distribution thereof that may be possible upon the basis of the common ownership of the means of production, distribution and exchange, and the best obtainable system of popular administration and control of each industry or service.

This was scrapped in 1995 under Tony Blair, signifying a shirt rightwards in the Labour Party constitution.