ECONOMICS – Can co-operatives civilise capitalism?*

Can a revival of mutual funds and cooperatives help recapture the social cohesion and security that has been eroded under the grinding force of globalisation?That was the the question addressed at a seminar recently organised by Mutuality Australia Inc. The seminar brought together representatives from across the political spectrum, from churches, co-operatives and mutual organisations. Race Matthews, former MP and secretary of the Australian Fabian Society, spoke on the demise of mutual organi…

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