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York University: A Social Economic Analysis

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York University is a social economic institution that has been open since 1959. It is not part of the public or private sector, but rather part of the third sector, the Social Economy. Jack Quarter explains the social economy as "an integrated system of institutions working toward common social goals, rather than the current reality of relatively independent institutions" (Quarter, P. (X) 10). This is only a piece of the Social Economy as it relates to other factors. The reasons for York University being a social economy institution can be explained in various ways. However, I am going focus on three, Volunteerism, Ownership rights, and Governance. There are many characteristics defining how the University is related to the social economy …show more content…
This could mean anything from joining a club, to alumni giving a charitable donation. It is also interesting to note that the government funds part of the university. As far as the clubs at York University go, there is a wide variety like women's clubs, Aboriginal clubs, and different religious clubs. This leads to students finding groups they can join that fits their personal interests and allows them to get involved with the school. Also, many clubs in the University revolve around helping the University's growth and well being. In current events, a large amount of money, around 20 million dollars, was donated to the university by a man named Victor Phillip Dahdaleh who is an alumnus of York University. He graduated with a BA (Honours) degree in administrative studies and is donating his money to the University’s commitment to addressing international health challenges Donations are one of the principles that the University relies on. As a matter of fact the money is being used to ensure the University expands and improves. How does this relate to York being a social economic institution? Well as Quarter brings up, the "informal economy", which refers to jobs and workers that are not regulated or protected. This is a mix of paid staff and volunteers but, relies mostly on the volunteers (Quarter, P.6). This means that the university needs volunteers to make sure the university …show more content…
The Board of Governors is set of people who make the decision and implement new polices for the university. The Board consist of members of Senate, students, full-time non-academic staff and 24 external members of which two are appointed by the Council at York. Not to mention the senate, which is in charge of the University’s educational policy. It includes consistence standards for admission, determining the different kinds of courses for students. This is made up of 167 representatives. This relates to York being a social economic institution because the members get to choose who they hire and fire, and what new policies to implement. Therefore, they have all the power in the university, but they are all volunteers making sure the University is up to

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