The Social and Solidarity Economy in Latin America

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Abstract

This study explores the sociocultural foundations of the Social and Solidarity Economy (SSE) in Latin America, highlighting its deep historical and cultural roots. SSE in the region extends beyond economic activities, functioning as a catalyst for social and cultural transformation. Drawing on historical influences such as indigenous traditions, the colonial era, and European immigrant cooperative movements, the study demonstrates that reciprocity and solidarity serve as cultural capital shaping SSE’s development. Through literature analysis and case studies, the research examines the role of SSE in fostering socioeconomic sustainability. Examples such as Brazil’s self-managed enterprises, the Buen Vivir philosophy in Ecuador and Bolivia, and community banking initiatives illustrate how regional habitus intertwines with SSE principles. The study argues that while SSE is shaped by local specificities, it also embodies universal values, offering a theoretical framework that positions SSE as a social and cultural practice rather than as merely an economic alternative. Furthermore, the research suggests that SSE has the potential to address socioeconomic inequality and provide a sustainable economic model beyond capitalism. However, the study acknowledges its limitations, particularly regarding its focus on Latin America and the lack of quantitative analysis, indicating the need for further comparative research.