Social Regeneration and Cooperative Institutions

Sacchetti, Silvia and Borzaga, Carlo (2018). Social Regeneration and Cooperative Institutions. In: Sacchetti, Silvia; Christoforou, Asimina and Mosca, Michele eds. Social Regeneration and Local Development: Cooperation, Social Economy and Public Participation. Routledge Studies in Social Enterprise & Social Innovation. Abingdon: Routledge.

URL: https://www.routledge.com/Social-Regeneration-and-...

Abstract

The objective of this chapter is to identify institutional solutions to the interrelated issues of social degradation and inequality. We build on the idea that the richness and poverty of social relations, and the outcomes that originate from this are in part caused by the unequal distribution of income and wealth, but also by the type of socio-economic institutions that a society gives itself and the behavioural attitudes associated with them. We discuss how, by reinstating cooperation and inclusion strategies within economic institutions, it becomes possible to deal with and balance at the same time individual behaviours and distributional issues. The paper builds on Ostrom's theory of commons and offers a framework that links institutional choices and reduction of social poverty.

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