Social Entrepreneurship: Metaphysics of Entrepreneurship in Practice
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Abstract
Contemporary capitalism is in such a condition that the recent objectives of enterprises’ actions neither ensure that the owners of enterprises have any mode of justification nor guarantee legitimization by civil communities, which leads to destructive environmental and social implications. Making a profit at the expense of social and natural costs gets society in deadlock. Changing the vector of development depends on the interconnection of the social and the economic at the present-day life. In this paper we intend to propose a broad explanatory scheme of the evolution of the social throughout the known human history with regard to the present-day situation of blurring the mode of realization of social goals through achieving economic ones. This scheme is to pay great attention to the changes in social life fundamentals for the purpose of revealing the dialectics of the social and the economic within entrepreneurial activities in the phase-in development of knowledge society. The prototype of the new configuration of the social and the economic is the existing model of the social entrepreneurship. The model that harnesses the social and the economic in a new manner has appeared and has been tested in the non-turbulent niche of social entrepreneurship in the form of activity driven by humanistic values rather than merely economic ones. This makes it possible to create conditions, similar to laboratory ones, for earning a private profit by means of solving public problems. © 2016 Published by Future Academy www.FutureAcademy.org.uk