New Social Street Economy: An Effect of The COVID-19 Pandemic

The COVID-19 pandemic has had a significant impact on the capitalist world, leading to the development of a New Social Street Economy. This book considers the street economy in terms of its relationship to the social economy and its contribution to the four main dimensions of social economy: supply of needs, social benefit production, fair distribution, and sustainability. Reciprocity is the mechanism that makes relational and organizational life possible, and a working social economy can be achieved when reciprocity finds an economic expression for providing goods and services to people and communities.

Format: Hardback
Length: 332 pages
Publication date: 15 July 2021
Publisher: Emerald Publishing Limited

The COVID-19 pandemic has had a profound impact on the capitalist world, leading to significant developments across the globe. In response to this crisis, A New Social Street Economy: An Effect of The COVID-19 Pandemic delves into the consequences of the pandemic on the global economy and the transformations that have taken place worldwide. This unique book explores the street economy in relation to the social economy, examining its role in contributing to the four fundamental dimensions of social economy: the supply of needs, social benefit production, fair distribution, and sustainability.

Reciprocity plays a crucial role in enabling relational and organizational life. When reciprocity finds economic expression in the provision of goods and services to individuals and communities, it leads to the establishment of a functioning social economy. During these challenging times, we witness both the best and worst aspects of human nature.

The street economy serves as the foundation, indicator, and assurance of an egalitarian, solidarist, sharing, and truly participative social economy and democracy in an epidemic environment that supports all groups in need without questioning their identity or origins.

The book highlights the importance of the street economy in addressing social inequality and promoting inclusivity. It emphasizes the need to recognize and value the contributions of informal workers, such as street vendors, waste collectors, and informal traders, who play a vital role in providing essential services and goods to communities.

Furthermore, the book explores the challenges faced by the street economy during the pandemic, such as reduced demand, limited access to resources, and increased vulnerability to exploitation. It suggests strategies for supporting and promoting the growth of the street economy, including the provision of financial assistance, legal protection, and social safety nets.

In conclusion, A New Social Street Economy: An Effect of The COVID-19 Pandemic provides a comprehensive analysis of the impact of the pandemic on the street economy and offers valuable insights into the potential for building a more inclusive and sustainable economic system. By recognizing the contributions of informal workers and addressing the challenges they face, we can create a more equitable and prosperous society for all.

Weight: 606g
Dimension: 161 x 238 x 26 (mm)
ISBN-13: 9781801171243