The cost of caring

 

What’s worse? Being old, disabled, sick and having to pay on average £1406 per week to live in a residential care home, or to be a wage slave in those institutions? The Health Foundation report describes the ‘levels of poverty among the UK residential workforce.’ It says that ‘1.6 million English workers work in social care. They and their families are ‘nearly twice as likely to live in poverty as the average UK worker.’

So is anyone making loadsa money? Yes. ‘Nearly all the largest private providers of care home places are offshore private equity companies for whom profit is the prime motivation. For these companies, economies of scale, low wages, minimum staffing and cost-cutting are the order of the day.’ (Guardian).

https://www.worldsocialism.org/spgb/