A Social Economy

Jean-Jacques Lambin
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Jean-Jacques Lambin: Università degli studi di Milano-Bicocca

Chapter 10 in Rethinking the Market Economy, 2014, pp 185-196 from Palgrave Macmillan

Abstract: Abstract Social economy refers to a third sector in economies between the private sector and business, or the public sector and government. It includes organizations such as cooperatives, non-profit organizations, social businesses and charities. Social economy usually develops because of a need to find new and innovative solutions to issues — whether they are socially, economically or environmentally based — and to satisfy the needs of members and users, which have been ignored or inadequately fulfilled by the private or public sectors. By using solutions to achieve not-for-profit aims, it is generally believed that the social economy has a distinct and valuable role to play in helping create a strong, sustainable, prosperous and inclusive society. The social economy is a significant source of employment that has contributed to curbing the impact of the 2008 economic crisis in Europe.

Keywords: Social Capitalism; Business Model; Social Enterprise; Social Economy; Social Entrepreneur (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39291-6_10

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DOI: 10.1057/9781137392916_10

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