Article 3MNHA Social enterprises and the failures of Friedmanism | Letters

Social enterprises and the failures of Friedmanism | Letters

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Letters
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Readers respond to articles by Aditya Chakrabortty and Larry Elliott

It's brilliant to read about the fantastic impact that social enterprises are having on Plymouth (Aditya Chakrabortty: A city that grows good companies, 11 April), allowing the city to grow and develop on its own terms. What is happening in Plymouth is inspiring, but it is important to note that, far from being contained to one city, social enterprises are part of a global movement. In the UK alone, there are tens of thousands of social enterprises - each one dedicated to putting people and communities ahead of private profit. Plymouth is one of 25 officially accredited Social Enterprise Places using social enterprise as a tool to create fairer, accountable and more sustainable economies.

Far from being a new idea, social enterprises have proud origins. The Rochdale Pioneers used the principles of social enterprise to tackle the inequities of the Industrial Revolution and these same principles of fairness, equality and community benefit inform social enterprises today.

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