Solidarity Economy and Social Business

New Models for a New Society

  • Noriatsu Matsui
  • Yukio Ikemoto

Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Table of contents

  1. Front Matter
    Pages i-vii
  2. Yukio Ikemoto, Noriatsu Matsui
    Pages 1-11
  3. Noriatsu Matsui, Hiromi Tsuboi
    Pages 13-25
  4. Hiromi Tsuboi, Nazrul I. Chowdhury
    Pages 27-34
  5. Hiromi Tsuboi
    Pages 45-51
  6. Hiromi Tsuboi
    Pages 53-58
  7. Noriatsu Matsui
    Pages 59-72
  8. Ki-Hueng Kim, Yukio Ikemoto
    Pages 73-80
  9. Yukio Ikemoto
    Pages 81-94
  10. Ki-Hueng Kim
    Pages 95-106
  11. Back Matter
    Pages 107-108

About this book


This book presents theoretical examinations of why and how connecting people yields different results from those of the market mechanism alone. With an ever-greater disparity between the world’s rich and poor, actions have been taken to remove the imperfections and remedy malfunctions of the market mechanism. An underlying theme of these activities is to connect people and make them directly visible to one another; thus the integrating concept of the “solidarity economy” emerges. This volume analyzes diverse examples and practices of solidarity economy. Adam Smith emphasized the importance of “sympathy” among people and the role of the “impartial spectator” in order to control otherwise reckless markets. These major concepts form the basis of a solidarity economy. The examples and practices in this book are based on this framework. The first is the idea of social business, promoted by Prof. M. Yunus of the Grameen Bank. Although the group of five members in the Grameen Bank organization is considered a system of mutual surveillance by some economists, it is not a system based on distrust but a mechanism for mutual help and encouragement. Also examined in this book is organic agriculture, which adheres to the necessity of face-to-face relationships. It pursues environmental concerns and food safety by bringing together consumers and producers in local areas and by sharing knowledge. When consumers and producers are widely separated, a system of certification assures consumers that no chemical pesticides and fertilizers are used. Connecting consumers and producers through certification systems can be seen as part of fair trade mechanisms. These mechanisms are applied in certified coffee programs, for instance, to reduce poverty, to protect the environment, and to safeguard human rights. This book proposes that all these seemingly different types of activities can be understood as part of the solidarity economy. With this unifying theme, the book will be useful for both theoretical investigations and practical applications.


Capabiity approach Grameen Bank Poverty and inequality Social business Solidarity economy

Editors and affiliations

  • Noriatsu Matsui
    • 1
  • Yukio Ikemoto
    • 2
  1. 1.Faculty of EconomicsTeikyo UniversityHachiojiJapan
  2. 2.Institute for Advanced Studies on AsiaThe University of TokyoBunkyo-kuJapan

Bibliographic information

  • DOI
  • Copyright Information The Author(s) 2015
  • Publisher Name Springer, Tokyo
  • eBook Packages Business and Economics
  • Print ISBN 978-4-431-55470-7
  • Online ISBN 978-4-431-55471-4
  • Series Print ISSN 2191-5504
  • Series Online ISSN 2191-5512
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking