@will9999.bsky.social
Reposted
Rentier economy.
61% of England local authority budgets spent on social care, mostly privatised.
Adult social care providers profit margin up to 42%. Children's care homes, 23%.
Money buys less. Front line services suffer.
Political paralysis: No major party plans to end to privatisation.
61% of England local authority budgets spent on social care, mostly privatised.
Adult social care providers profit margin up to 42%. Children's care homes, 23%.
Money buys less. Front line services suffer.
Political paralysis: No major party plans to end to privatisation.
How successive government have created a new rentier economy
Governments appease corporations and the super-rich by following the old policies which benefit a few.
leftfootforward.org
September 8, 2025 at 7:19 AM
Rentier economy.
61% of England local authority budgets spent on social care, mostly privatised.
Adult social care providers profit margin up to 42%. Children's care homes, 23%.
Money buys less. Front line services suffer.
Political paralysis: No major party plans to end to privatisation.
61% of England local authority budgets spent on social care, mostly privatised.
Adult social care providers profit margin up to 42%. Children's care homes, 23%.
Money buys less. Front line services suffer.
Political paralysis: No major party plans to end to privatisation.