The Social Economy in a Context of Austerity Policies: The Tension Between Political Discourse and Implemented Policies in Spain

Governments face the challenge of fostering the social economy in a context of economic crisis and austerity policies. Despite the high levels of institutional recognition for the considerable social and economic value added by the social economy (SE), government policies following this approach have been scarce during the latest economic recession. This article analyses the case of Spain, a country that has endured deep austerity policies and has a strong SE sector. Building on the SE approach that combines quantitative and qualitative data, this study examines the policies that promoted the SE during two periods: before and during the economic crisis. As a novel contribution, the study compares the political discourse with the policies implemented. The findings highlight a gap between the discourse and the policies implemented during the crisis, showing that the SE has not been prioritized by policymakers, and link that gap with the recent EU economic policy.