A Senior Lecturer in Social Policy at Stirling University, Scotland. His publications include Building Communities: The Co-operative Way (1988), Co-op: The People’s Business (1994) and The International Cooperative Movement (1997)

• Introduction 1. The economics of mutuality: a perspective on UK building societies Leigh Drake and David T. Llewellyn 2. Mutuality through credit unions: a cross-national approach Olive McCarthy, Robert Briscoe and Michael Ward 3. Housing co-operatives and social exclusion David Rodgers 4. Consumer co-operatives in retrospect and prospect Johnston Birchall 5. The mutualisation of public services: lessons from the new leisure trusts Richard Simmons 6. Mutuality in insurance and social security: retrospect and prospect Deborah Mabbett 7. Farmer co-operatives: organisational models and their business environment Jerker Nilssen 8. Mutuals in regional economic development: Mondragon and Desjardins Race Mathews 9. The competitive advantages of stakeholder mutuals Shann Turnbull 10. Member participation in mutuals: a theoretical model Johnston Birchall and Richard Simmons 11. The new mutualism and Labour's Third Way Stephen Yeo