concept
Social Economy
Economic model where organisations put social purpose, democratic governance, and people before capital — the framework within which cooperatives operate.
Also known as: solidarity economy
Social economy refers to organisations — cooperatives, mutuals, associations, foundations — that pursue a social purpose and govern themselves democratically, placing people and shared benefit before capital.
A cooperative is one of its central forms. Operating within the social economy means reinvesting results into the project, growing at a controlled and sustainable pace, and measuring success by educational and cultural value — not only by financial return.
Musical Apps Coop identifies explicitly with these principles, which shape how it creates music software tools for musicians.