Written in mid-2013 I was compelled to pen this article as I witnessed the Coalition Government’s creation of public-service mutuals going awry, with many of the new mutuals created resembling private sector businesses rather than the employee-owned and run organisations that had been mooted. 458 more words
Tags » Mutuals
There’s a mucky little story about what is happening to one of the government’s so-called ‘mutuals’ in today’s Financial Times.
The privatisation of the Civil Service pension administration to a new ‘mutual joint venture’ known as MyCSP was always a controversial affair, as I… 108 more words
It’s easy to speculate that the rating agencies might not give a Mutual (or cooperative) insurer the credit they deserve in the rating process; that an agency may appear more familiar or comfortable with listed shareholder (stock) companies and that a shareholder company capital structure and profit mentality will drive better ratings. 1,350 more words
Here we go again. Not saying there shouldn’t be any mutuals, but mutualisation of the NHS is a neoliberal con.
One year before a general election and healthcare professionals are being told again by politicians that they will be able to run things their own way. 435 more words