Discrimination Of Racial Minorities On Social Economies

Discrimination of Racial Minorities in Social Economies The social economy comprises of a diverse network of organizations and enterprises involved in various operations of society s economic sector. Examples of such include; associations, foundations, cooperatives, and social enterprises, sharing similar features and values. These features and values might include; democratic governance, independent management, independence from general authorities, a combination of interests, voluntary membership, re-investment of gains, and defense of application (Quarter et al., 2009). However, through history, the existence of diverse populations in local and international jurisdictions changed the operation of social economy organizations. Slave†¦show more content†¦These social interests vary from small communities to large societies. However, in either case, economic systems remain governed by noneconomic motives (Quarter et al., 2009). Social economy organizations aim at earning eit her sizeable or entire portion of revenues accrued from marketplaces. These organizations work effectively in private market sectors, and without any external aid such as local or international government financing (Polanyi, 2014). The volume of social economy organizations comprises of cooperatives with capital shares that accrue their revenues from market zones. These include marketing cooperatives, food retailing cooperatives, and credit unions. Others include commercial non-profits such as Blue Cross, automobile associations, recreational institutions, for example, the YM-YMCAs (Quarter et al., 2009). Characteristic Discrimination of Racially Marginalized Communities Discrimination of racially marginalized groups can be discussed using four specific criteria shared by social economy organizations. These characteristics comprise of social ownership, social participation, social objectives in organizations missions, and civic engagement. Social Objectives Social economy organizations are set to meet social objectives that are drafted into organizations charters. These objectives surpass conventional decisions to adopt corporateShow MoreRelatedRacial Discrimination Against Minorities Within The American Workforce Essay1677 Words   |  7 PagesRacial discrimination against minorities within the American workforce is evident. Structural racism is the cause of why qualified minorities lacking opportunities, while lesser-qualified White-Americans are hired. This paper will discuss what structural racism is, how it plays into racial discrimination against qualifieded minorities, what can be done to prevent further racial profiling, and briefly touch on the adverse effects racial prejudice has on the economy. 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