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6 - Sector Theorists Should Embrace a Social Economy Perspective

from Part II - Reflections and Refinements

Published online by Cambridge University Press:  11 January 2024

By
Laurie Mook  and
John R. Whitman
Edited by
Eva Witesman  and
Curtis Child
Eva Witesman
Affiliation:
Brigham Young University, Utah
Curtis Child
Affiliation:
Brigham Young University, Utah
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Summary

In this chapter, Mook and Whitman provide a critique of the dominant three-sector paradigm, which categorizes organizations into distinct public, private, and social sectors based on their legal status. The critique is inspired by the social economy perspective that focuses attention on the dynamic intersection of the sectors as part of a mixed economy. The social-economy model acknowledges the blending of sectoral elements and the evolution of different types of organizations in the political economy. The authors explain this perspective, contrast it with the three-sector paradigm, and provide an example of how it allows us to reexamine societies and better conceptualize the work of organizations with social objectives. The closing calls for a movement to balance the political economy in favor of humanity and the world.

Keywords

nonprofit organizationspolitical economysocial-economy modelsocial sectortheorythree-sector model
Type
Chapter
Information
Reimagining Nonprofits
Sector Theory in the Twenty-First Century
 , pp. 113 - 132
Publisher: Cambridge University Press
Print publication year: 2024

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