08 October 2006

Solidarity Economics


But what exactly is this "solidarity economy approach"? For some theorists of the movement, it begins with a redefinition of economic space itself. The dominant neoclassical story paints the economy as a singular space in which market actors (firms or individuals) seek to maximize their gain in a context of scarce resources. These actors play out their profit-seeking dramas on a stage wholly defined by the dynamics of the market and the state. Countering this narrow approach, solidarity economics embraces a plural and cultural view of the economy as a complex space of social relationship in which individuals, communities, and organizations generate livelihoods through many different means and with many different motivations and aspirations—not just the maximization of individual gain. The economic activity validated by neoclassical economists represents, in this view, only a tiny fraction of human efforts to meet needs and fulfill desires.

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At its core, solidarity economics rejects one-size-fits-all solutions and singular economic blueprints, embracing instead a view that economic and social development should occur from the bottom up, diversely and creatively crafted by those who are most affected.

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Unlike many alternative economic projects that have come before, solidarity economics does not seek to build a singular model of how the economy should be structured, but rather pursues a dynamic process of economic organizing in which organizations, communities, and social movements work to identify, strengthen, connect, and create democratic and liberatory means of meeting their needs.

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This is, perhaps, the heart of solidarity economics—the process of networking diverse structures that share common values in ways that strengthen each.


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This, to me, sounds like an approach to economics that allows for a natural evolution of a healthy and diverse society, and that allows for happy people!

If you want to read more about this topic, go here:
- http://dollarsandsense.org/archives/2006/0706emiller.html
- http://www.geo.coop/SolidarityEconomicsEthanMiller.htm
- http://www.jesuit.ie/ijnd/SolidarityEconomics.pdf

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