What is the Social and Solidarity Economy (SSE)?
Definition
The social and solidarity economy (SSE) is a form of economic activity that prioritizes social and environmental objectives over profit maximization. It is based on the principles of solidarity, cooperation, and mutual aid.
Characteristics
- Primacy of the person: SSE organizations prioritize the interests of people over capital.
- Social and environmental goals: SSE organizations aim to create positive social and environmental impacts.
- Non-profit or limited profit distribution: SSE organizations are either non-profit or distribute profits to members based on their contributions, not their capital.
- Democratic governance: SSE organizations are typically managed by their members or stakeholders.
- Local focus: SSE organizations often operate at a local level, meeting the specific needs of their communities.
Types of SSE Organizations
SSE organizations can take various forms, including:
- Cooperatives
- Non-profit organizations
- Mutual societies
- Employee-owned companies
- Social enterprises
Benefits of SSE
SSE contributes to a more equitable and sustainable economy by:
- Creating jobs in sectors with high social and environmental impact, such as health, education, and environmental protection.
- Providing affordable goods and services to low-income and vulnerable populations.
- Promoting social inclusion and combating poverty.
- Reducing environmental degradation.
- Strengthening community cohesion.
Support for SSE
Governments and other institutions can support SSE through:
- Providing financial support
- Offering tax incentives
- Creating favorable regulatory frameworks
- Encouraging public procurement from SSE organizations
Examples
Here are some examples of SSE organizations:
- Credit unions: Non-profit financial cooperatives that offer banking services to their members, such as savings accounts and loans.
- Community supported agriculture (CSA): Non-profit organizations that connect consumers with local farmers, providing fresh and affordable produce.
- Worker cooperatives: Businesses owned and managed by their employees.
Conclusion
The social and solidarity economy is a vital component of a fair and sustainable economy. By prioritizing social and environmental objectives, SSE organizations create jobs, provide affordable goods and services, and contribute to community well-being. Governments and other institutions should support SSE to foster its growth and impact.
Qu’est-ce que l’économie sociale et solidaire (ESS) ?
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economie.gouv.fr a new article on 2024-11-18 15:07 titled “Qu’est-ce que l’économie sociale et solidaire (ESS) ?”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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