Abstract
This paper explores the role that the social economy, and the social business within it, have in terms of the strategies deployed to tackle Sustainable Development challenges. This paper proposes a New Sustainable Recovery Approach (NSRA) leveraging the strengths of the social economy and social business to guide policymakers to rethink socio-economic actions for a post-COVID-19 world aimed at sustainable human development. The NSRA is based on three, self-reinforcing, components: the promotion of Sustainable Human Development (SHD) for everyone; a transformative approach to Education and Research for individual and collective learning processes; and a strong emphasis on a recovery driven by an “enhanced social and environmental consciousness and behavior”. The paper analyzes the role of the social economy and social business in the implementation of the NSRA. At the end of the paper, policy implications and final remarks are provided to policy makers.
Highlights
The promotion of Sustainable Human Development (SHD) for everyone; a transformative approach to Education and Research for individual and collective learning processes; and a strong emphasis on a recovery driven by an “enhanced social and environmental consciousness and behavior”
The objective of this paper is to provide to policy makers a new perspective to follow, based on Social Economy and Social Business (SE&SB) when drafting policies aimed at getting out of the crisis created by the COVID-19, but more generally, to steer our development path towards a more sustainable one
We propose a New Sustainable Recovery Approach (NSRA) to reach a higher level of sustainable development
Summary
The whole world is discussing about how to face two global problems [1,2]: the health, economic and human crisis generated by the COVID-19 and how to restart the economy in a post-COVID-19 scenario whilst addressing the larger issue of climate change. The sustainability transition requires a complementary perspective based on the role of local and territorial communities, extending the ecological conceptualization of resilience to socioecological systems [9] This helps us to recognize as central concerns of transformative resilience (i) the evolving interaction between human beings and their environments and (ii) the relation between multidimensional vulnerabilities and economic, social and environmental shocks. The objective of this paper is to provide to policy makers a new perspective to follow, based on Social Economy and Social Business (SE&SB) when drafting policies aimed at getting out of the crisis created by the COVID-19, but more generally, to steer our development path towards a more sustainable one. Social Businesses can be owned by anyone and adopt any governance structure if they are set up as market-based companies that have a social objective, are non-loss and non-dividend
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