A New Model for the Global Economy - Economy of Communion

Vlad Maxim ()
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Vlad Maxim: „Ovidius” University of Constanta, Faculty of Theology

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 1325-1330

Abstract: The "Economy of Communion" is an experience of social economy fostered by the Focolare Movement, an ecumenical and inter-religious organisation that originated within the Catholic Church in the 1940’s and is present in about 180 countries. The Economy of Communion is a global project involving over 750 businesses in a network of solidarity. Businesses operating according to this paradigm seek to respond concretely to social inequality, through partnership with the marginalized, whilst remaining commercially viable in the market economy. They thereby seek to present a realistic social model to the commercial world. This paper identifies systemic factors which underlie the rapid development and spread of this third way between capitalism and socialism. The study is part of a wider review of the systemic underpinnings of such social movements, seeking to understand why some succeed and impact the structures of society whilst others flower briefly then stagnate or die.

Keywords: Business ethics; new economy; economy of communion; Focolare; business dynamics (search for similar items in EconPapers)
JEL-codes: F00 F01 F02 F15 Z12 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1325-1330

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