For centuries local economies have been strengthened by cooperative alliances and in March Dame Pauline Green, President of the International Cooperative Alliance visited to launch Social Business Australia (SBA) at Parliament House in Canberra.
We all like to feel that what we do makes a difference and social businesses, such as Social Traders in Victoria, and co-ops, that give local people some ownership and control over an environment they know very well, unleash enormous creativity. Dame Pauline spoke of the huge diversity of business models in successful economies around the world, and of recent figures on cooperatives.
SO, governments should be ensuring a level playing field for investor-led business AND social businesses.
The Obama administration is investing heavily to develop a cooperative economy in rural communities to keep jobs and the young ‘at home’ and these rural communities alive and in the UK there is a large array of cooperative development:
The UK Think Tank Mutuo conducts research into the many types of mutual organisations, publishing their findings to expand our understanding of the sector and outlining potential opportunities in both public and private sectors.
Mutuo’s groundbreaking research and publications have put it at the forefront of the drive to empower communities in the delivery of public services, including housing, health, childcare and education.
Are our governments ensuring level playing fields for social businesses and investor-led businesses I wonder?