Social Enterprise

Many people think the Socialism means the dissolution of Capitalism. Actually Socialism can entertain Capitalism with compassion. There are alternatives to the current system.

Social enterprises are businesses whose primary purpose is the common good. They use the methods and disciplines of business and the power of the marketplace to advance their social, environmental and social justice agendas.

Three characteristics distinguish a social enterprise from other types of businesses, nonprofits and government agencies:

Social enterprise business models are equally diverse, including: retail, service and manufacturing businesses; contracted providers of social and human services; fee-based consulting and research services; community development and financing operations; food service and catering operations; arts organizations; and even technology enterprises. Chances are you already do business with social enterprises without even knowing it.

Social enterprises produce higher social returns on investment than other models.

On one hand, they produce direct, measurable public benefits. A classic employment-focused social enterprise, for example, might serve at least four public aims:

Defined social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for external shareholders. Social enterprises can be structured as a for-profit or non-profit, and may take the form of a co-operativemutual organization, a disregarded entity, asocial business, or a charity organization.

Social Entrepreneurship encompasses Public Enterprise, Worker owned Co-ops, ESOPs, Private and public development. Social and Economic Rights.

In recent years, there has been a rise in the concept of social purpose businesses which pursue social responsibility directly, or raise funds for charitable projects.

Social entrepreneurship is the process of pursuing innovative solutions to social problems. More specifically, social entrepreneurs adopt a mission to create and sustain social value. They relentlessly pursue opportunities to serve this mission, while continuously adapting and learning. They draw upon appropriate thinking in both the business and nonprofit worlds and operate in all kinds of organizations: large and small; new and old; religious and secular; nonprofit, for-profit, and hybrid.

Burlington Vermont with Bernie Sanders has done this and is a shining example

How democratic socialism can be helpful in changing the world.On 20 October Durham PES activists organized a conference to debate the alternatives to austerity and how to spur sustainable growth. The meeting was held in Gateshead (UK), under the auspices of the Party of European Socialists, the North East & Cumbria Co-operative and co-organised by the Durham North & City Co-operative Party.

Developing Social inclusion through a new social investment, showed the benefits of co-operative, collective and alternative policies in areas of deprivation in the USA. Particular reference was made to the North East of Britain because it is an area of significant, Furthermore it brought the USA perspective into an area, which sometimes feels isolated from American politics.
an equivalent to the Roosevelt-era Works Progress Administration, deploying skills from around USA in projects to develop infrastructure and enrich the some of the most deprived areas within the enlarged EU. This would not just be for engineers – like the WPA it could also deploy artists, writers and those in the knowledge industries, to add lasting and sustainable public works to the areas that need them most. To introduce social representation to the beneficiaries of USA funding – is to set up a system which provides preferential treatment to social enterprises, mutuals, worker co-operatives and which indicate a high level of economic democracy.
Bernie Sanders said:”While everyone understands that we have got to reduce the deficit, the number-one challenge America faces right now is a jobs crisis,” the independent senator declared, while decrying the fact that more than 16 percent of American workers (25 million American) are either unemployed or underemployed. Putting the warped fiscal and economic debates of a moment of Tea Party excess and Democratic denial into perspective, Sanders explained that “creating the millions of new jobs that we desperately need is not only vitally important to our economy but will be the means by which we reduce the deficit over the long term. New jobs mean more government revenue, which makes a lot more sense than having to spend billions on unemployment compensation, food stamps, and other programs needed during a severe recession.”

In 1991 in Burlington, Vermont, ReCycle North began an innovative program of repairing and reselling household items that otherwise would have gone to the dump. Out of that founding vision, more than 750 people have received job training and skills essential to gainful employment, 10,000 low-income people have received needed household goods and building materials, more than 10,000 tons of materials have been kept from the landfill, and 50 people now have secure employment through income earned largely from this social enterprise. ReSOURCE’s success to date has proven its sustainability and is replicating this model of environmental sustainability, educational training, and economic opportunity in central Vermont.

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