Eight steps to make Britain a fair society

1. Make admission to private schools "needs blind" (ie entirely independent of a student's financial background). Ensure that a proportion of private school pupils are admitted by lottery, and introduce a "pupil premium" to be paid to disadvantaged schools. 2. Raise the tax revenue generated by good luck – increase inheritance and property taxes and abolish tax relief on debt interest – then spend it on building up an asset pool for the poorest in society. 3. Long-term company shareholders to get voting, dividend and tax privileges. A proportion of shares always to be allocated to company employees. 4. Introduce a media standards commission and ensure that there is press plurality. 5. Break up Britain's worst housing estates, open up social housing tenure to a wider section of society, create residential FE colleges to increase geographical mobility for the disadvantaged. 6. Ensure that there is a system of proportional representation in place for all elections. 7. Accelerate revenue-contingent credit flows to small and medium-sized business via bank reform, the creation of new banks and the Bank of England's buying of commercial loans. 8. Support innovation by investing in science, and reserve a high proportion of public procurement spending for small- and medium-sized enterprises.