Social and Solidarity Economy
The solidarity economy is often considered part of the social economy, forming what might be termed the "social and solidarity economy" (from the French "économie sociale et solidaire"). The concepts are still under development and the difference between the two terms is gradually being clarified. An organisation seeing itself as part of the solidarity economy generally goes beyond achieving purely social aims: it aims to put right an injustice by expressing solidarity. For example, a local sports club has a social aim and so can be considered part of the social economy, but would not normally be considered part of the solidarity economy except in special circumstances (e.g. a township sports club in South Africa in the days of apartheid).
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Famous quotes containing the words social, solidarity and/or economy:
“All social rules and all relations between individuals are eroded by a cash economy, avarice drags Pluto himself out of the bowels of the earth.”
—Karl Marx (1818–1883)
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“Everyone is always in favour of general economy and particular expenditure.”
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