Article

 

“SOCIAL” ENTERPRISE BY THE “SOCIALIZATION OF CAPITAL” PROCESS IN CAPITALISM (p.17-37)

by

Constantinos V. LAMBROPOULOS, GENERAL CONFEDERATION OF WORKERS OF GREECE

Keywords : Social Enterprise, Social Economy, Socialism, Classical Political Economy, Marx, Engels

JEL classification : B14, J54, P13

Abstract

This paper argues alongside the Marxian – Engelsian variant of the Classical Political Economy by considering “social” enterprise as the end outcome of the process of “socialization of the capital” in capitalism. The main theoretical finding of the paper is that “social” enterprise is the enterprise which is owned by all citizens except those who work in it as its salaried employees. This thesis is completely original in the bibliography. Consequently, “social” economy, i.e., the integrated total of “social” enterprises, belongs in common to all citizens by joint share-holding of their capital. Consequently, “social” economy is the economic synonym to a value-based “socialism” minimizing but not eliminating surplus-value, i.e., exploitation of man by man.