Cameron's apologist, Philip Blond, says that the whole Big Society agenda is about the fact that the state and the private sector have failed and mutualisation is the answer. And that apparently is what Cameron is to say this afternoon.
OK then. Start with Northern Rock. And follow with RBS.
Then we'll believe you.
But I note the plan is privatisation in both cases.
So I don't believe a word you say.
After all, why would you wish to deny the bankers a chance to profit at pubic expenses, again? That would never do, would it David (or Philip).
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That’s all the so-called ‘Big Society’ is; a transfer of the revenues generated by the public sector from the taxpayer to the pockets of the rich.
The tragic irony is, properly funded and run for the benefit of all, not just rich shareholders, the Big Society idea would probably actually work.
That is definitely NOT the intention though, and never was.
Mutuals are not a suitable model for public services because of the conflict of interest where workers are taking their ‘profit’ from the taxpayer.
As Stevo!! points out, the BS, as we shall call it, is designed to transfer revenues from taxpayers to investors and senior executives of established businesses. They’ve already substantially obtained that objective as far as NR and RBS are concerned.