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DEFINING THE SOCIAL ECONOMY

Toma Sorin-George, Marinescu Paul and Stefan Cosmin
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Toma Sorin-George: UNIVERSITY OF BUCHAREST
Marinescu Paul: UNIVERSITY OF BUCHAREST
Stefan Cosmin: CSOL-UB, UNIVERSITY OF BUCHAREST

Annals - Economy Series, 2015, vol. 6Special, 241-244

Abstract: IHigh unemployment rates, forced labour migration, growing social disparities, increasing poverty and unfair distribution of public resources represent only some of the today’s imbalances and injustices of the European Union. That is why the past decades witnessed the re-emergence of the concept of social economy/solidarity-based economy. The aims of our paper are to present the theoretical foundations of the social economy concept. The methodological approach is literature review. In our view, the social economy is founded on several key principles (e.g., solidarity, free association, mutualism) and pursues social goals through economic means. It constitutes an alternative to other economic systems such as capitalism or communism.

Keywords: social economy; European Union; principles of social economy; social economy organizations (search for similar items in EconPapers)
Date: 2015
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