To fund or not to fund – Mission drift, market failure, (dis)incentives

cooperatives
Cooperatives and other Social Sector organisations often have to tackle issues of strategic drift, market failure, the delicate apportionment of rightful concern

This afternoon, two juniors from USP posed the same question to me, a question of great concern, not only to them, but (I’m pretty sure) to members of the social and public sector – practitioners, observers and policy makers alike.

These juniors of mine run a snacks store back in my student hostel, which sells items at or below market price while donating profits back to the student population through a residence fund for needy students. This afternoon, they were considering the option of financing a tuition programme for lower-income children run by students from the same hostel. Continue reading “To fund or not to fund – Mission drift, market failure, (dis)incentives”