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Disraeli Room

Hester’s Bonus: a missed opportunity

The media was abuzz on Monday morning with the news that Stephen Hester had decided to forego his much-maligned £1 million bonus. After the Chairman of RBS turned down his £1.4 million, and Ed Miliband threatened to put the matter to a Commons debate, Hester and the Government finally gave up "defending the indefensible" as Lord Oakeshott triumphantly put it. However, much of the criticism surrounding Hester’s bonus is ironically framed along the very lines that his opponents object to: it is concerned only with give and take at the top of the organisation...

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Transforming Our Public Services for Greater Social Good

...My Bill would ensure that commissioners properly consider “social value” when they are commissioning public services. Social value is the additional benefit from a commissioning process over and above the direct purchasing of the service in question. This widening of the concept of value for money could significantly benefit social enterprises, voluntary organisations and community groups that are trying to deliver public services......

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Collective Learning, Shared Knowledge: Lessons from the cloud for agile apprenticeships

...Many small businesses do not have the capacity or the will to train up new staff from scratch, but business clusters could hold the answer. Clusters are real world social networks of like-minded entrepreneurs who could share fragments of their knowledge with those who seek it. The trick is to put SMEs in a ‘pro-active learning’ mind set. For this to happen, they need to be provided with infrastructural solutions pulling resources and experiences together for the sake of collective benefit......

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Building the Opportunity Society

...The Opportunity Society has two dimensions: first, a society where community spirit and pride are renewed, so individuals take greater responsibility for themselves and their neighbours; and secondly, and most importantly, a society where social mobility flourishes, so that people can go as far and as fast in life as their talents will take them. Greater social mobility and community spirit are crucial not only to creating a fairer, more open society at ease with itself, but also to creating empowered individuals, stronger communities, and an economically competitive nation......

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Aspiration or Vocation? Qualifications young people should be proud of

...Let me be clear, there is nothing wrong with going to university. Quite the contrary, as someone who went to University, I do not want to deny anyone the same opportunity. However, what about those people not offered any real choice about their futures? What about the young person who wants to go into further education or get an apprenticeship? Why should they feel that their qualification is socially any less worthy than a degree......

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Bridging citizenship and consumerism: a solution for sustainability

Have policy-makers paid insufficient attention to the social dimensions of the ‘triad’ of issues – poverty reduction, equity, and justice – that define sustainable development? How can we achieve the balance we need between the economic, ecological and social aspects of sustainability? And how best should we tackle the ‘double injustice’ – where those who are least responsible for climate change worldwide stand to be worst affected by its impacts – while achieving the ‘double dividend’: helping the environment without harming the economy......

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Mass Ownership: From Brazil to Belfast

...There is a growing sense that, given the acute inequalities that markets are now generating, getting the economy restarted (the Treasury focus not unreasonably at present) is only half the story. If you restart the same economy, you get the same problems, as night follows day. A second central economic policy issue is therefore how to widen the distribution of ownership and prosperity. It is what I call an agenda of creating mass ownership......

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A Guide to the Reform of the House of Lords

The composition of the upper house of Parliament has been under question for some time and yet still the question has not been answered. There have been piecemeal reforms, such as the passing of the two Parliament Acts, the introduction of Life Peers and the removal of the vast majority of hereditary peers, but still the questions are asked. The Coalition Government has now published a draft House of Lords Reform Bill......

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A deeper rethinking

I do have to pinch myself that party leaders are now wanting to debate the future of capitalism. All power to ResPublica among others I guess for arguing that it is not just policy we need, but a deeper rethinking on policy and society......

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2012 and Beyond: Black and blue and red all over?

...What do we know about the interrelationship between private individuals and businesses (competing to create financial wealth) with public bodies (which command or control resources to create public goods and services) and with the groups, charities, trusts and associations (which co-operate to make the UK a more socially or environmentally rich place to live)? What are the positive and negative economic dynamics between (again, crudely) liberté, egalité and fraternité?.........

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