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Book and Article

Social Economy and Social Value: Ancient Future of Capitalism (2016)

by SNU Sociology 2020. 1. 24.

Author: Dong-Hyun Ko, Jaeyeol Yee, Myoungsun Moon, Sol Han 

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Contents 

Chapter 1: Rediscovering “Society”

- Beyond Markets and Countries

- Rediscovery of the Social

- The Economic and the Social: the Reformation of the Economy and Society

Chapter 2: Is an Economy of Reciprocity and Cooperation Possible?

- Economic Human and Social Human

- The Economy of Reciprocity and Social Economy

Chapter 3: The History and Theory of Social Economy

- What is the Social Economy?

- The Historical Development of the Social Economy: Traditional Social Economy and New Social Economy

- Various Developments of the Social Economy

- Traits of the Korean Social Economy

- Evaluation and Various Types of Social Economy

- Could the Social Economy Be the Future of Capitalism?

Chapter 4: Networks and Social Innovation: Social Innovation without Organization

- Social Innovation and Two-Type Programs for the Reunion of Separated Families

- Open Systems and Three Different Networks

- Network Governance and New Social Innovation

- The Advent of New Capitalism and the Sharing Economy

Chapter 5: The Social Economy in terms of Technology: Formation of Digital Commons and the Expansion of the Horizons of the Social Economy through the Development of ICT

- Possibility of Disruptive Changes in Society due to the Development of ICT

- The Combination of Digital Commons and the Social Economy

- Four Domains and Cases of Open Source: Various Organizations Surrounding Different Types of Digital Commons

- Systems and Governance Surrounding Digital Commons

- The Future of Digital Commons

Chapter 6: The Social Economy in terms of the Sharing Economy: “Sociality” Discovered in Exchanges Mediated on the Platform

- Why the Sharing Economy?

- The Role of the Network Economy That Enables the Spread of the Sharing Economy

- Classifications of the Sharing Economy and its Intersection with the Social Economy

- Special Social Characteristics of the Sharing Economy

- Structure of Politico-economic Conflicts around the Sharing Economy

Chapter 7: Social Value and New Models of Social Development

- Limitations of GDP-based Measurements of Social Development

- New Models of Social Development and the Development of Measurement

Chapter 8: The Structure of a Framework for Evaluating Social Value

- The Social Economy and Social Value

- Key Points in the Evaluation and Measurement of Social Value: What Should Be Measured

- Examination of Social Value Measurement Models

- Proposal of Using Ways of the Evaluation of Social Value

Chapter 9: Summary and Conclusion

 

The "social" is at the forefront of today’s zeitgeist.

Concepts that put an emphasis on society, like the social economy, socially responsible investing, and social value, are no longer unfamiliar. Political parties are drafting up legislation related to the social economy and local governments are rushing to enact ordinances and establish support centers to invigorate the social economy.

Social enterprises are becoming targets of intense interest and beneficiaries of the government, which is putting these organizations exclusively in charge of specific tasks. Major companies, also, are supporting social enterprises and they have created and are providing degree programs specifically to train social entrepreneurs. It is plain to see that the social economy is the trend of the times and social value is the question on everyone’s mind.

The objective of this book was to try to gain a comprehensive understanding of social value and the social economy, which has become a buzzword for this era.

Our first task is to determine what the “social”—the adjective sitting in front of “economy”—means.

This naturally led us to exploring the discourses regarding the social economy that have developed in the Western world. As a result, we were introduced to the moral economy and the gift economy, which existed long before the market economy we are familiar with today.

Also, we examined institutional approaches to control methods employed in these diverse economies based on economic sociology, as well as the diverse types of social economies, not just social enterprises but also cooperatives, friendly societies, and charitable organizations, and how these have evolved in different countries.

Because we believe that economic hypotheses are not enough to suitably describe the multitudinous appearances of human that comprise the social, we also sought out the meaning of “social” through behavioral economics, psychology, and anthropological research.

Another issue we were interested in, originally, was the issue evaluating social value.

The values that should be evaluated are not limited to those generated by social enterprises. We remark that values not expressed in monetary form, for example, the value of housekeeping, environmental values, quality of life, or the quality of society for people in it, and global sustainability, can also be the targets of this kind of evaluation.

The third keyword of this book is network society.

The diffusion of digital commons, brought about by the development of ICT, is greatly expanding the horizons of the social economy. The development of the computer and networks, and the emergence of IoT has led us to a more flexible society where networking is possible without bureaucratic hierarchies. The basic grammar for such flexibility is networking. The development of highly flexible networks zeroes the marginal costs of production, accelerates the automatization and smartification of production and services through the Internet as it interconnects all things. It is expected that the social economy will be able to take an even greater variety of different forms in the future.

Related products: Social Value and Social Innovation - Toward a Sustainable Community (2018, Hanwol Academy)

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