Ten Years of The Big Issue

In the latest issue of The Big Issue, the editorial extols how business solves a social problem. It is really not Capitalism that makes it work but a form of Socialism. Could the mechanism of how this magazine works give an indication of how to implement Socialism in Australia?

Graeme C. Wise, Patron, The Big Issue, concludes the editorial in the 03-18 July 2006 issue of this magazine with:

I have long held the belief that the brightest minds gravitate to the business sector and that if we encourage businesspeople to apply their problem-solving abilities to social needs, we greatly increase the chance of finding real and eduring solutions.

I am proud to see this enterprise blossom into a viable and successful business solution to a social problem. In the past decade, more than 3000 people throughout the country have sold The Big Issue and used it as a means of pulling themselves up. Many people have found a new direction and a sense of purpose. In turn, they have made us more aware of how we can help others by giving them a hand up, not just a hand out.

Emphasis Mine

Under Capitalism, a successful business is a profitable one. It cannot be otherwise: it has to regenerate the capital invested within a reasonable time.

In the addendum to the editorial, Martin Hughes notes that:

Although The Big Issue runs on the positive energy between readers and vendors, it takes a massive effort just trying to maintain that connection every fortnight. Simply put, we wouldn't have survived all these years without the spirited band of volunteers, staff, writers, illustrators, photogrpahers, advertisers, creative types, lawyers, accountants and other folk who donate their services and work for discounted rates to sow a little more compassion in the community. On the behalf of the thousands of marginalised people who've steadied their lives with the help of The Big Issue, heartfelt thanks and an Australia-sized warm fuzzy to you all.

Emphasis Mine

Here we see the true inner workings of the magazine: there is a lot of free or cheap labour. This keeps costs down so that the vendors can sell the magazine at a reasonable price and get a reasonable return for their investment.

In a Capitalist sense, the magazine is a failure because its income does not cover the costs, hence the need for volunteer labour. In a Socialist sense, this magazine is a great sucess because it brings together people for a worthwhile purpose to fulfill a social need.

The business knowledge that is accumulated and used under Capitalism is still useful under Socialism because it is the knowledge of how to make people work together in a productive fashion to achieve a common goal.