2,927 words, 15 minutes read time. Mutual societies – organizations owned by their members rather than outside shareholders – are a thriving part of the UK’s economy and community life. As a supporter of mutual ownership, I’m proud to note that the UK is home to thousands of mutual societies across all sectors, from finance … Continue reading
Third Way has long supported wider ownership of industry and services through co-operatives and trusts. We are also strong supporters of small and family businesses. We therefore wwelcome the statement this week from Labour shadow chancellor John McDonnell that workers should have the right to buy out their bosses. Mr McDonnell said there was a … Continue reading
“Under capitalism, man exploits man. Under communism, it’s the other way around.” Introduction AT THE beginning of the 21st Century of the Common Era, following the collapse of the Soviet Union and with it the political credibility of state socialism, we are daily confronted by those who claim that these events are a vindication of … Continue reading