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From Crises to a Social and Impact Economy

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The New Social and Impact Economy

Part of the book series: Nonprofit and Civil Society Studies ((NCSS))

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Abstract

This concluding chapter discusses the nature of the new social and impact economy and asks whether it is a continuation of the old social economy or it possesses features that are unrelated to its predecessor. It focuses on the 2008 crisis that started its initiation and brought about new ideas on how to shape the future economy. It continues to the current COVID-19 pandemic, especially to its upcoming economic consequences, which will likely call for measures that align with social and impact economy principles. Along this vein, it summarizes the response of the contributing authors regarding the reactions of the social and impact economy actors in the respective countries to the pandemic. It ends by posing the question regarding the future participation of the social and impact economy actors in shaping the future economic order.

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Notes

  1. 1.

    For more information about the project, country reports, and case studies see the project website: https://fabmove.eu/

  2. 2.

    Vidal, J. (2020, March 17). Destruction of habitat and loss of biodiversity are creating the perfect conditions for diseases like Covid-19 to emerge. Retrieved from https://ensia.com/features/covid-19-coronavirus-biodiversity-planetary-health-zoonoses/

  3. 3.

    http://www.oecd.org/coronavirus/policy-responses/social-economy-and-the-covid-19-crisis-current-and-future-roles-f904b89f/

  4. 4.

    See https://www.bloomberg.com/news/audio/2020-10-04/bloomberg-best-heads-of-the-imf-and-world-bank-podcast

  5. 5.

    https://www.b2bmarketing.net/en-gb/resources/news/financial-times-launches-first-campaign-global-financial-crisis#:~:text=With%20its%20slogan%2C%20’Capitalism%3A,future%20of%20the%20corporate%20world

  6. 6.

    https://sdgs.un.org/goals

  7. 7.

    https://drawdown.org/

  8. 8.

    Named after the famous architecture style developed after World War I, with the slogan “Form follows Function” that revolutionized architecture and design last century. The thinkers and actors of the original Bauhaus movement “were responding to opportunities offered by novel construction materials such as steel and poured concrete, technologies such as electrification, telephones and motor cars, and the new requirements of life in mass-industrial society. Today, it is the climate transition that demands new materials, construction processes and planning for changing lifestyles …. The Bauhaus school wanted design to make consumer goods functional and pleasing, and architecture to raise the quality of life for the masses — artistic precursors to the social market economy and liberal democracy enshrined in the EU’s values.”

  9. 9.

    Financial Times, Sept. 18, 2020.

  10. 10.

    https://www.nationalparkcity.london/?gclid=CjwKCAjw0On8BRAgEiwAincsHPb5GtaRWPqVJwKJNYUSAmMRjghaXZpGctHM0vTZ_JuQhMx_9TZX9xoC1W4QAvD_BwE

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Correspondence to Anna Domaradzka .

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Domaradzka, A., Gidron, B. (2021). From Crises to a Social and Impact Economy. In: Gidron, B., Domaradzka, A. (eds) The New Social and Impact Economy. Nonprofit and Civil Society Studies. Springer, Cham. https://doi.org/10.1007/978-3-030-68295-8_14

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  • DOI: https://doi.org/10.1007/978-3-030-68295-8_14

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-68294-1

  • Online ISBN: 978-3-030-68295-8

  • eBook Packages: Social SciencesSocial Sciences (R0)

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