Clause 4 replacement

I see Jack Conrad in Weekly Worker  has put forward a model CLP motion to take the place of what used to be Clause 4 which includes  the following:

Labour is committed to replacing the rule of capital with the rule of the working class. Socialism introduces a democratically planned economy, ends the ecologically ruinous cycle of production for the sake of production and moves towards a stateless, classless, moneyless society that embodies the principle, “From each according to their abilities, to each according to their needs”. Alone such benign conditions create the possibility of every individual fully realising their innate potentialities.

https://weeklyworker.co.uk/worker/1221/let-it-rot-in-the-grave/