Solidarity Economy and Social Business

This book presents theoretical examinations of why and how connecting people yields different results from those of the market mechanism alone. With an ever-greater disparity between the world's rich and poor, actions have been taken to remove the imperfections and remedy malfunctions of the market mechanism. An underlying theme of these activities is to connect people and make them directly visible to one another; thus the integrating concept of the solidarity economy emerges. This volume analyzes diverse examples and practices of solidarity economy. Adam Smith emphasized the importance of sympathy among people and the role of the impartial spectator in order to control otherwise reckless markets. These major concepts form the basis of a solidarity economy. The examples and practices in this book are based on this framework. The first is the idea of social business, promoted by Prof. M. Yunus of the Grameen Bank. Although the group of five members in the Grameen Bank organization is considered a system of mutual surveillance by some economists, it is not a system based on distrust but a mechanism for mutual help and encouragement. Also examined in this book is organic agriculture, which adheres to the necessity of face-to-face relationships. It pursues environmental concerns and food safety by bringing together consumers and producers in local areas and by sharing knowledge. When consumers and producers are widely separated, a system of certification assures consumers that no chemical pesticides and fertilizers are used. Connecting consumers and producers through certification systems can be seen as part of fair trade mechanisms. These mechanisms are applied in certified coffee programs, for instance, to reduce poverty, to protect the environment, and to safeguard human rights. This book proposes that all these seemingly different types of activities can be understood as part of the solidarity economy. With this unifying theme, the book willbe useful for both theoretical investigations and practical applications.

Considers the activities of a solidarity economy for overcoming widening disparity and poverty caused by market mechanisms Analyzes the diverse activities of the Grameen Bank and other organizations in social business Examines and introduces practices related to the solidarity economy mainly in Asia Includes supplementary material: sn.pub/extras

Inhalt
Chapter 1Theory of Solidarity Economy and Social Business (Ikemoto, Y).- Chapter 2Microcredit, Inclusive Finance and Solidarity (Matsui, N. & Tsuboi, H).- Chapter 3Grameen Model Microcredit in Spain (Tsuboi, H. & Nuzrul Chowdhury).- Chapter 4Renewable Energy for Off-Grid Villages: Grameen Shakti (Tsuboi, H).- Chapter 5Yogurt for the Poor: Grameen Danone Foods (Tsuboi, H).- Chapter 6 Distributing Clean Water in Communities: Grameen Veolia Water (Tsuboi, H).- Chapter 7Local Currency and Regional Revitalization (Matsui, N).- Chapter 8 System of Solidarity in Organic Agriculture (Kim, K. & Ikemoto, Y).- Chapter 9Certified Coffee and Solidarity Economy (Ikemoto, Y).- Chapter 10Social Business Promotion Law in Korea (Kim, K).