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Opening Comments
Jack QuarterOISE, University of Toronto
Definition: Social Economy
A bridging concept for organizations that have social objectives central to their mission and their practice, and either have explicit economic objectives or generate some economic value through the services they provide and purchases that they undertake.
Criteria
the organization’s statement of purpose emphasizes its social objectives (not necessarily to the exclusion of economic and other objectives) and the social objectives are manifest in its practice
Criteria
the organization generates some economic value through the services it provides and purchases that it undertakes
Criteria
the organization is not a government agency, and either has a separate incorporation or formal structure as well as a self-governing character that places it at arm's length from government, government funding—even extensive government funding—notwithstanding
Criteria
for an organization whose earnings either are predominantly or exclusively from market exchanges, the prerogatives of capital (for example, rate of return, capital valuation) do not dominate over social objectives in its decision making
Criteria
membership is voluntary and non-discriminatory according to the human rights code
Criteria
• organizations in the social economy provide a venue for civic engagement; for example, engaging people in democratic practices
Interactive Concept
• Mistake to view the social economy as an entity unto itself
• Organizations interact with the private and public sector in many ways
• Boundaries are debatable
A Schema
Market-Based Coops and Nonprofits
(A)
PublicSector
Nonprofits(B)
Social Economy(A), (B), (C)
Public Sector
Private Sector
Civil SocietyOrganizations
(C)
Finally:
That’s it!!!