Concepts and Criteria for a Self-sustainable and Circular Economic Territorialization. The Case of La Plata, Argentina

The chapter comes to life from two main theoretical issues: How to recover the community social function of the economy (called ontological reason which includes care for the environment) lost due to the positivization process which transformed everything into mathematical reasoning and individual interests, endangering community life based on the existence of social and environmental values, without which it is impossible to guarantee and promote life for all (primary socialization)? How to build such processes in practice that allows us to definitively escape from the straitjacket of individual interest of classical economics and promote an economy related to absolute social and environmental values? To answer these questions, an exhibition of 9 classic market companies, is analyzed. Various economic, financial and organizational aspects are highlighted, up to the territorial relationship to understand the characteristics of the type of local economy they conform. Subsequently, starting from these characteristics, theoretical concepts are proposed to transform individual interest into a common good and transform the market economy into a circular economy that is permanently fueled by social and environmental values in an intersubjective way. Among the concepts proposed, ethical social capital, economic socialization and meso-economy are mentioned.