Social Capital

Lord Hendy Excerpts

Monday 25th January 2021 Lords Chamber

[Baroness Barran (Con)]

I agree with the noble Lord and thank him for his tireless work in this area. I share his recognition of the outpouring of social kindness. Our efforts, in the funding that we have provided the voluntary sector in particular, have predominantly focused on small local organisations, for exactly the reasons that the noble Lord sets out.

[Lord Hendy (Lab) [V]]

My Lords, the fragmentation of society, starkly illustrated by the report, is the consequence of replacing the ethic of public service with that of private profit, of privatisation, outsourcing, austerity, the closure of libraries and youth clubs, ending rent controls and taking measures against collective bargaining, causing the real value of wages to stagnate and poverty for 4 million in working families. I assume that the Minister will confirm that there will be no U-turns on these damaging policies.

[Baroness Barran (Con)]

The issues that the noble Lord raises are more complicated, as I am sure he knows, than some of the limited examples that he has given. I commend to him the work that the Government are doing, particularly on social impact, the use of the Public Services (Social Value) Act in all government procurement and the emerging hybrid model of profit and purpose.