Want to really help expand Social and Solidarity Economy? Then start rethinking money!

The Social and Solidarity Economy (SSE), while not exclusively non-profit-oriented, is a deliberately low-profit endeavour. By this I mean that SSE businesses generate profits within strict constraints pertaining to criteria linked to social and solidarity-related values. As a result, their net financial surpluses are often lower than they would be in a similar business that did not embrace such constraints. Low-profit enterprises include both (i) non-profit businesses deliberately choosing to reinvest gross surpluses into the business and drive net profits down to zero; and (ii) what one might term pure SSE businesses producing a good or service whose very anchoring in social and solidarity-related values implies that it will not be produced by any for-profit firm.

Unsrid website www.unrisd.org/en/library/blog-posts/want-to-really-help-expand-social-and-solidarity-economy-then-start-rethinking-money