CIC – The new Mutualism?
Here’s an extract from the recent labour manifesto, what do we think?
The new mutualism
There is growing interest in co-operative and mutual organisations that people trust, and that have the capacity to unleash creativity and innovation, creating new jobs and services – particularly in disadvantaged neighbourhoods where traditional approaches have failed in the past. We want to see more local organisations run on cooperative principles with an expansion of Community Interest Companies and thirdsector mutual organisations that reinvest profits for the public good