Citation
Choudhury, M.A. (2014), "Special Issue 2: Philanthropy, social economy and a changing world-system", Humanomics, Vol. 30 No. 2. https://doi.org/10.1108/H-03-2014-0030
Publisher
:Emerald Group Publishing Limited
Special Issue 2: Philanthropy, social economy and a changing world-system
Article Type: Editorial From: Humanomics, Volume 30, Issue 2
In our Special Issue 1, the deconstruction of the monolith of power and governance in a large political economy that was broken by increasing louder voices at the grassroots was articulated. We now carry on some facets of the emergent new political economy. This Special Issue 2 introduces the other view on the composition of capital and the microenterprises and non-governmental organizations that form the capital structure, entitlement, ownership and distribution at the grassroots. Poverty alleviation arising from an enterprise as an institutional arrangement to gain self-reliance and development and philanthropy as a resource for development together enable the advancement of the social economy at the grassroots.
Humanomics by its theme of unity and complementarities between the different rungs of the social structure does not raise a conflict and confrontation model. Rather, humanomics offers a coordinating model of participation between different rungs of the society for the common good, the well-being. In this perspective, it is important to note that microenterprises, non-governmental organizations and the formation of capital for empowerment and productivity be developed in collaboration between the grassroots and the corporate order. There is nothing contrary to social ordering to enable the corporate culture as long as this is in coordination with the small enterprises. The latter model is the one that responds to pervasive and extensive complementarities and participation.
Social policies should thereby be aimed at ways and means through a coordination of markets and institutions in every respect to promote the complementary and participatory future of global change. In this respect, an example of the Islamic approach of endowment to acculturate the development of the small enterprises in coordination with that of the large businesses in participative ways responds directly to the worldview of humanomics in the global order of a social economy stirring the wind of global change.
The methodology toward studying such a globally coordinated and participatory political economy is based on the foundation of the political economy and world system that is of the nature of evolutionary learning. It enables participatory learning that facilitates linkages and the balance of well-being and sustained development among all participative agents.
Masudul Alam Choudhury