Week 13
Who are the elites and how do relate to crisis?
These are people in power such as government officials who attempt to regain control during times of crisis. (week 13, slide 25)
What was the primary goal(s) of the 1876 Indian Act?
Answer: Assimilation and/or paternalistic control (see (Hilton, p. 6))
Source: Week 18, Slide 21
One of the major challenges of non-profit and co-operative organizations in responding to housing needs is ___.
Access to Financial support (1, pg 177)
What does CED stand for?
Community economic development (Week 14, Slide 14)
What is a social enterprise?
Business ventures operated by non profits whether they are societies, charities or co-operatives. (Week 14, slide 18)
What is mutual aid?
This is a system in which people help and receive help from each other. This is a system where people work together to meet each other’s needs instead of relying on external organizations. (week 13, slide 13)
The Western Worldview, unlike the indigenous economy, believes that nature should…?
Answer: be conquered, dominated, made to be productive.
Source: Week 18, Slide 5
What is the argument for “scaling up”?
A: Necessary to rebuild infrastructure in order to support local and alternative food systems.
(Week 16, slide 48) $200
How does Robert Putnam define Social Capital?
Answer: Putnam defines the social capital as “features of social organization, such as trust, norms and networks that can improve the efficiency of society by facilitating coordinated actions” (Dowla, 2006, p. 104)
According to Bateman, what was the Subsidy Problem that banks like Grameen faced?
Answer: The Subsidy Problem is the difficulties Grameen Bank and other banking institutions were experiencing in ensuring complete financial self-sustainability, considering their high repayment rates (Bateman, 2010, pg. 13).
What is solidarity?
This is a relation forged through political struggle which seeks to challenge forms of oppression. (week 13, slide 47)
Marginalised communities who disproportionately reside in areas that are considered capitalistic externalistics undergo _______ racism. (Fill in the blank.)
Answer: Environmental
Source: Week 18, Slide 39
What are the two sides of market problems?
Supply side and Demand side (week 16, slide 24) $200
How did Quebec and English Canada develop the social economy differently?
● English Canada was more influenced by social democracy and labour movements in the 20th century (Vaillancourt, 2010, pp. 78–80).
● Quebec developed the social economy under Catholic corporatism between 1930 and 1960 (Vaillancourt, 2010, pp. 69–72).
● While English Canada moved toward the welfare state, Quebec’s social economy was closely linked to nationalism and Church influence (Vaillancourt, 2010, pp. 63–70).
● In the 1990s, Quebec formally recognized the social and solidarity economy, while English Canada lagged in institutional recognition (Vaillancourt, 2010, pp. 82–84).
What are the three distinctions of an interactive approach to the social economy?
(displayed in the interactive approach venn diagram)
Public sector, Private sector and civil society organizations. (week 14, Slide 19)
What is utopia?
This is a society without deprivation or alienation. (week 13, slide 14)
What are the four “essential elements [of] a modern Indigenous economy” which Hilton advocates for in his reading?
Answer: Stronger business relationships via recognition, operating by a constructive and purposeful economy, leading a shift in how the economy is experienced and facilitating a return in inherent Indigenous responsibility and decision-making by means of the risk management of land and decision-making.
(Hilton, 2021, p. 94)
What is "delocalization"?
Delocalization refers to firms moving production to regions or countries where cost of labour and other inputs are cheaper. (P.113) (100)
Explain Vaillancourt’s concept of the “five configurations" and how they help understand forms and values?
The “configuration” means a specific social-historical context that shapes how the social economy functions. It includes the dominant values, power relations, and relationship between state, market and society. Sometimes, the same form can be in different configurations but with different meanings. Vaillancourt identifies five configurations in Quebec from 1840 to 2010. They reflect on changing political ideology and economic contexts (Vaillancourt, 2010, pp. 60–68).
What is micro credit and how does it help the poor make money?
Answer: micro credit is a small scale loan that usually comes without a downside to low income people who lack regular access to banking. It provides the poor with sustainable income to start a small business and or pay educational expenses. (week 19, p. 5)
What are schools of democracy?
These allow people to learn how to cooperate, make decisions that agree with a community, and practice democracy in their everyday lives (associations). (week 13, slide 38)
What are relational economics and how essential are they to indigenous economics?
Answer: Economics focused around maintaining community bonds and relationships over monetary transactions. Hilton argues that relational economics are an indigenous concept, and says that indigenous economies are “the original social
economy.” ($500 question)
Source: Hilton (2021), The Indigenous Economy, pp. 91
What is the “multi-localization” strategy?
A strategy adopted by Mondragon to improve competitve postion, by extending markets to other regions or abroad while keeping production local. (P.115)
What are Vaillancourt’s “five configurations”? (Name the theme and the year ranges
● First Configuration (1840–1900): Mutualism
● Second Configuration (1900–1930): Patron-Led Social Economy
● Third Configuration (1930–1960): Corporatism
● Quiet Revolution and Fourth Configuration (1960–1990)
● Fifth Configuration (1990–2010): Social and Solidarity Economy
(Vaillancourt, 2010, pp. 60-–68).
How did the ‘neoliberalization’ of microfinance begin?
Any of the answers
MFIs had to become conventional profit-maximizing private businesses (Bateman, 2010, p. 14)
MFI had to automatically push hard to increase the number of clients while being driven to increase profits (Bateman, 2010, p. 14)