Professor Michael Marmot is like a rash all over this week’s Big Issue. We have made a celebration of his life’s work. We have bought into the idea that Marmot towns, where his eight principles are resoundingly adhered to, make sense. For they bring together the thinking and action around health, wellbeing and the professions that achieve results. They bring the providers into harmony with the needs of the client.
Last week I spoke at the [cross-party think tank] Demos fringe meeting at the Labour Party Conference in Liverpool. Even now I can’t help wandering around Liverpool wondering where Ringo Starr spent his childhood. What cafes did he drop into, etc? So the conference was a time for me to traipse off to places.
Yet I was there for serious business. The theme of the meeting was how to get more money into dealing with the needs of the many caught in poverty. I went as the co-founder with Sir Gordon Roddick (yes he’s joined Sir Ringo and others) of Big Issue. But also as the co-founder with Nigel Kershaw of Big Issue Invest; our investment business that works to prevent people slipping, falling or being born into poverty. Trying to break the inheritance of poverty has long been one of my most trenchant desires.
Read more:
- The only way forward is to split the poverty atom
- How government inaction is radicalising Britain
- The fall of Angela Rayner emphasises the rise in power of property ownership
In the same way that professor Marmot has endeavoured to re-engage different elements around health and wellbeing with the providers of services and their clients, Demos is determined to bring social investment into productive usage in the community.
The theme of the meeting was the reorientation of social finance to help bolster the work of business and government. And as a founder of Big Issue Invest I was hoping to be useful to the debate. Marmot provides clever ways of improving the health of communities; Big Issue Invest provides financial support to social businesses that likewise endeavour to bring about social justice through thoughtfulness. (It should be stressed that Big Issue Invest doesn’t take money out of Big Issue, the street paper and its social support work. We get money from trusts, high-net-worth individuals, banks and some government investment arms.)