#SocEnt, banking crisis, community engagement, corporate sustainability, economic development, economic growth, economy, recession, Right to Buy, Right to Request, Social Enterprise, social entrepreneur, Social Entrepreneurship, social value, sustainability, sustainable, sustainable development
While Thatcher would not be the first person to come into your mind when one talked about the rise of social enterprise in the UK. However, what Thatcher had done in her role as the head of the British government had quite a profound effect on social enterprise.
“Thatcher introduced the idea that government should stop being the default employer and that the public sector needed mixed models of delivery – thinking that has been shared by successive governments ever since.”
This idea, of mixed markets in the public sector and that unfettered competition can give us quality and affordability still exists till this day. If anything, the banking crisis and recent turmoil has proved the importance of this model more thoroughly.
“… only a combination of competition tempered by social value can create affordable and sustainable world-class public services.”