UNDERSTANDING COOPERATIVE FINANCE AS A NEW COMMON
| Autor: | Anaïs Perilleux, Marthe Nyssens |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Finance
Economics and Econometrics Common good (economics) Sociology and Political Science business.industry 05 social sciences Public policy Legislation Collective action Natural resource Reciprocity (evolution) 0506 political science 0502 economics and business 050602 political science & public administration Commons business 050203 business & management Isomorphism (sociology) |
| Zdroj: | Annals of Public and Cooperative Economics. 88:155-177 |
| ISSN: | 1370-4788 |
| DOI: | 10.1111/apce.12160 |
| Popis: | The emerging field of common good socio-economics is promising not only for the preservation of common natural resources but also for common goods created by people through collective action, the importance of which has been emphasized by the recent financial and economic crisis. Based on the case of cooperative finance, this paperâs outcomes are threefold. First, it demonstrates that financial cooperatives can be understood as a human-made common. Second, it shows that while the boundaries between the nature and property regime of goods may be relatively clear for natural common goods, they appear much more interlinked for human-made goods, where commons are embedded in intergenerational reciprocity. Third, the paper proposes a new way of thinking about public policies and shows the need to recognize financial cooperatives as human-made commons so as to design adequate legislation to protect these commons from isomorphism, privatization and destruction. |
| Databáze: | OpenAIRE |
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