Social Enterprise, touted by Labour and the Conservatives as a big reforming idea, rests on some untested assumptions
Author: The Economist
Source: The Economist, Print Edition
CONVENTIONAL wisdom, according to economist J.K. Galbraith, is made up of "ideas which are esteemed at any time for their acceptability". Social Enterprise is fast becoming one of them. It has been talked about on the other side of the Atlantic for some time (Harvard Business School started a "Social Enterprise Initiative back in 1993). Now its time to be esteemed in Britain seems to have come.