Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-261-500"
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"en.20120913.29.4-261-500"2
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"This regulation aims to create uniform standards for the funding process for social enterprises, within the framework of the European Commission ‘Social Entrepreneurship Initiative’ (2011). According to the regulation, the aim would be to create funds with a level playing field in order to make investors trust investment in the funds. The definition of ‘social enterprise’ encompasses a ‘large range of undertakings with various legal forms, which provide social services or goods to vulnerable or marginalised persons’, including enterprises ‘that employ a method of production of goods or services with a social objective’. These funds can be useful for financing the so-called third sector, that is to say, collective management companies like cooperatives. Nonetheless, we cannot help but point out that, in a framework in which the troika – including the Commission and the European Central Bank – encourage public divestment and the privatisation of public services on the part of Member States, this solution is a perversion in the sense that the EU supports the transfer of social services to the private sphere, dismantling the social role and public goods at the same time as supporting the funding of private companies to substitute public services."@en1
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