ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Economics of the 21st Century

'Economics of Solidarity'

Today the capitalist system appears to be the only efficient mode of economic organisation. However, there appears to be increasing resistance to the capitalist order, evident in the people’s movements witnessed from time to time when the livelihoods of the poor and the marginalised are threatened. This paper presents an understanding of the new development epistemology of the deprived, the powerless, and those who are at the margins at all levels – local, national and global. It discusses how solidarity economics appears to be paving the way for an alternate, new type of economic development.

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