Social Economics as a Proposal for Fostering Economic Well-Being. An Outline of the Problem

Abstract

Social economy is an alternative way of resolving economic problems, a response to the effects of neoliberal economic order when neither market nor state were able to set up the conditions to satisfy the needs of people. The economic growth burdened by unemployment and unequal access to the labor market has revealed the magnitude of organic socio-economic initiatives. The nature of social economics is focused on the engagement of potential economics resources inherent to economically de-favoured groups of society to enhance economic processes. Since such kind of workers represent for private sector an additional source of costs, and the national systems of social aid has appeared to be inert and ineffective, social economy outstretches very promising array of proposals to enrich economic results in the economy as a whole.