Solidarity economy

Solidarity economy or social and solidarity economy (SSE) refers to a wide range of economic activities that aim to prioritize social profitability instead of purely financial profits. A key feature that distinguishes solidarity economy entities from private and public enterprises is the participatory and democratic nature of governance in decision-making processes as one of the main principles of the SSE sector.[1] Active participation of all people involved in decision-making procedures contributes to their empowerment as active political subjects. However, different SSE organizational structures reflect variations in democratic governance and inclusive participation.[2] Ultimately, SSE represents a crucial tool in guaranteeing that social justice ideals are upheld and that the wellbeing of the most vulnerable populations is paid attention to during the planning processes.[3]

  1. ^ Utting, Peter (2015). Social and solidarity economy: Beyond the fringe. London: Zed Books. pp. 1–37. ISBN 978-1-78360-344-2.
  2. ^ Kalogeraki, Stefina; Papadaki, Marina; Pera Ros, Marina (April 19, 2018). "Exploring the Social and Solidarity Economy Sector in Greece, Spain, and Switzerland in Times of Crisis". American Behavioral Scientist. 62 (6): 856–874. doi:10.1177/0002764218768862. S2CID 150255108 – via SAGE Publications.
  3. ^ Egorov, Vladimir; Inshakov, Andrey (2021). Voroshilova, M.B.; Suetina, A.I. (eds.). "Cooperation as an integral part of the social and solidarity economy (SSE)". SHS Web of Conferences. 94: 01009. doi:10.1051/shsconf/20219401009. ISSN 2261-2424. S2CID 234332607.

Solidarity economy

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