tag:blogger.com,1999:blog-1189064357283855936.post7743394258524777846..comments2024-02-01T09:25:16.606+00:00Comments on Bubb's Blog: The summit and Action PlansSir Stephen Bubbhttp://www.blogger.com/profile/13575202213305419556noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1189064357283855936.post-3137923671122883372008-11-29T11:19:00.000+00:002008-11-29T11:19:00.000+00:00Yes , an interesting point , but in terms of keyne...Yes , an interesting point , but in terms of keynesian economics if you put more money into circulation through creating more jobs and activity in the third sector then you create a multiplier effect which creates more jobs , economic activity and therefore wealth. So of course he advocated road building. My point is that one could both create more economic activity through putting money into the sector but also add social capital and improve the lot of those who will suffer ,particularly in a recession, by this action .Sir Stephen Bubbhttps://www.blogger.com/profile/13575202213305419556noreply@blogger.comtag:blogger.com,1999:blog-1189064357283855936.post-54528898593622671322008-11-28T09:08:00.000+00:002008-11-28T09:08:00.000+00:00I am delighted that the third sector employs 1.5m ...I am delighted that the third sector employs 1.5m people. <BR/>So Stephen, lets try to stimulate the economy by pumping more money into the third sector. Where is the money to come from? Who is going to create it? <BR/>My point is that the salaries for those jobs are paid for by taxation on activities in the 'for profit' sector (or through increasing government debt).<BR/>Either way if you are seriously saying that we could pull ourselves out of recession by expanding employment in the third sector as the 'for profit' sector contracts...<BR/>Of course the third sector creates value. I work in the sector a lot, both professionally and as a volunteer, and am very well aware of what it achieves. <BR/>However the third sector does not generate sufficient income from the market place (ie it is not sufficiently valued in the market place) to cover the full costs of its activities. It bridges the funding gap by using volunteers and subsidies from the public sector and increasingly strives to generate revenue from other enterprise activity usually labelled 'social'.<BR/>I am a massive fan of the third sector. I just don't think it is third sector good;private sector bad. I am also woried when the htrid sector looks to be the service delveiry arm of choice for government policy implementation. Few people are motivated to join the third sector by a burning desire to become an agent of the state - and this is what we are in danger of turning many of them into.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1189064357283855936.post-10082332102127003432008-11-26T10:12:00.000+00:002008-11-26T10:12:00.000+00:00what an odd comment from prog manager...did you no...what an odd comment from prog manager...did you not know that the broad third sector employs 1.5m people. Actually our sector creates jobs and value too . And arguably a very good way of stimulating growth would be to channel more money into the sector.<BR/><BR/><BR/>and as for critical friend on FBE , we do not need Cb to bail us out . I am suggesting we pool resources ....actually , as you should know FBE is a capital fund . We invest capital , not make grants. Where we make any grants it is small scale and only to ensure we can then make more investments .Sir Stephen Bubbhttps://www.blogger.com/profile/13575202213305419556noreply@blogger.comtag:blogger.com,1999:blog-1189064357283855936.post-9215070736406396062008-11-25T23:11:00.000+00:002008-11-25T23:11:00.000+00:00So what happened to Future builders revenue grant ...So what happened to Future builders revenue grant funds? You've just launched a grant fund, now you need capacity builders to bail you out!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1189064357283855936.post-1621002157816357762008-11-25T21:11:00.000+00:002008-11-25T21:11:00.000+00:00If EVER government acts as if the third sector is ...If EVER government acts as if the third sector is more important then the small business sector we will know things have gone pear shaped. The small business sector creates jobs and value. It pays most of the taxes which are used to pay for the third sector. The third sector may provide an efficient and effective means for using resources to support the socially excluded - but someone has to create the value in the first place - and that is the small business sector.Anonymousnoreply@blogger.com