Tag Archives: mutualism

The Independent View: Employee ownership and responsible capitalism go hand in hand

The Fourth of July was a day of celebration in the UK this year. It was the first annual Employee Ownership Day, designed to raise awareness of employee owned business. Celebrations were more reserved than the Fourth of July celebrations in the US – the most indulgent thing I could find was a commemorative cushion cover made in a John Lewis factory in Lancashire. But employee ownership is definitely something to be celebrated, even if we don’t go in for the carnivals and fireworks.

Employee Ownership Day is part of a wider government strategy to promote employee ownership. Other initiatives …

Posted in The Independent View | Also tagged , , and | 16 Comments

Norman Lamb MP writes: Why we need to keep an open mind on Hinchingbrooke

Last week’s announcement that the management of Hinchingbrooke Hospital would be transferred to Circle Healthcare was always going to be controversial – a hospital with debts approaching £40million, whose situation had become so perilous that it had to be rescued by an external provider. Both Labour and Unison quickly exclaimed against this as ‘privatisation,’ despite the fact that the Labour Government had initiated the tendering process.

Circle is a 49% employee-owned organisation, different from the traditional private company. It makes them a part-mutual organisation run in the same manner as John Lewis. Put simply, they are part-owned and part-run …

Posted in Op-eds | Also tagged , and | 13 Comments
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Recent Comments

  • User AvatarRichard Underhill 25th Jun - 11:31pm
    The programme is about family holidays in the Maldives paid for by the government of the Maldives. Ian Paisley MP appears to be in trouble,...
  • User AvatarJoseph Bourke 25th Jun - 11:19pm
    Peter Martin, loans are being repaid all the time and new lending is occuring all the time. That applies equally to public and private sector...
  • User AvatarPeter Martin 25th Jun - 10:27pm
    @ JoeB, "Mortgage loans are typically 25 to 30 years – far longer than a typical 10 year gilt, so not short-term at all." So...
  • User AvatarPeter Martin 25th Jun - 9:50pm
    @ Tony Lloyd, The Lisbon Treaty was effectively the repackaging of the European Constitution. So, J-C J and friends had their way after all. “If...
  • User AvatarJoseph Bourke 25th Jun - 9:34pm
    Peter Martin, "Bank lending does this in the short term, so not ". UK household debt is circa £1.6 trillion. Mortage debt is cica £1.4...
  • User AvatarMick Taylor 25th Jun - 8:29pm
    Mr Martin and the flaw in your argument is that houses and land cannot vanish or be moved, so they are available for taxation on...