The Solidarity Economy is an alternative development framework that is grounded in practice and the in the principles of: solidarity, mutualism, and cooperation; equity in all dimensions (race/ethnicity/ nationality, class, gender, LGBTQ); social well-being over profit and the unfettered rule of the market; sustainability; social and economic democracy; and pluralism, allowing for different forms in different contexts, open to continual change and driven from the bottom-up.

Solidarity University in Vienna, Austria open now

A few minutes ago, the Solidarity University (kritische und solidarische Universität = KriSU) was founded inVienna, Austria. KriSU-activists revitalized rooms which are vacant since 2 years for the public. KriSU reacts on the fundamental social, ecological and economic crisis of capitalist society. It sees itself as a part of the global university protests. Elfriede Jelinek, famous Austrian writer, declared her solidarity: „I am glad to support this action, since I would support any critical initiative weakening those encrusted university structures.“

Cleveland invests in cooperatives

Cleveland invests in a network of cooperatives, starting with Evergreen Laundry.  Check out this short video. 

http://www.blip.tv/file/2749165

Elinor Ostrom Breaks the Nobel mould - celebrates the commons

The economics profession needs to be shaken up. Ostrom's Nobel prize should encourage us to take a fresh approach

Kevin Gallagher,guardian.co.uk, Tuesday 13 October 2009 17.00 BST

Elinor Ostrom with members of the IMSSG in Nepal
Elinor Ostrom (front) with members of the Irrigation Management
Systems Study Group during field work in Nepal.
Photo taken in March, 1993. Copyright © Arizona State University

The economics profession is in such disarray that one of the Nobel prizes in economics this year went to political scientist Elinor Ostrom – the first woman to be awarded the economics prize. This is an excellent choice (in any year) not only because of what Ostrom has contributed to social theory but also because of how she goes about her work.

In a nutshell, Ostrom won the Nobel prize for showing that privatising natural resources is not the route to halting environmental degradation.