A Social and Solidarity Economy

"Economic theory identifies two economic systems that are used by societies, in the 20th and 21st centuries, to organize the production and distribution of goods and services: the centrally-controlled economy and the mixed economy (or market economy). The vast majority of countries today have adopted the latter. This book describes an alternative economic system that may provide solutions to many shortcomings emerging from the operation of the market economy system, such as financial crises, numismatic plethora, the inequality of income distribution, depletion of natural resources and pollution of the environment, and gender and racial discrimination in the labour market, with applications to the Ukrainian economy. The book starts with a comprehensive introduction of the definition and description of the notion of the solidarity economy, followed by insights into both micro- and macro- aspects of the solidarity economy. It is essential reading for students interested in contemporary economic studies."