Preferred term
solidarity economy
Definition
A complete explanation of the intended meaning of a concept- An economy centered on people, reciprocity and solidarity rather than profit; the bridge where cooperatives, mutual aid and commons practices across countries meet.
Entry terms
Alternative terms for the concept.- 사회적경제 (former KR legal term)
Scope note
Notes about the usage and scope of the concept.- [Adoption reflection — History] The social and solidarity economy is where two different streams meet — France's économie sociale (a 19th-century association movement) and Latin America's economía solidaria (grassroots self-help). Korea walked a distinctive path where institution stood first — the Social Enterprise Promotion Act (2007), the Framework Act on Cooperatives (2012) — and the field followed. [Culture] The way it takes root differs where the cultural ground that recognizes a third sphere, neither market nor state, is thick, versus where the market–state dichotomy is strong. [Capacity of actors] A place where experience of association and self-help has accumulated differs in continuity from one where institution was made from above. When law and budget run ahead, projects may appear but actors may not grow.
Belongs to group
Group which the concept belongs to.Spatial coverage
- INT
In other languages
Terms for the concept in other languages.URI
https://cloud.maeul.net/maat/solidarityEconomy