A sea of opportunity: The social economy is traditionally defined as parts of the private economy that are oriented towards helping local members and society at large, such as charities, trade unions or cooperatives. Its impact is enormous, making up 8% of GDP and playing a vital role in making society more cohesive and equitable. With the EU's social economy action plan being up for review in 2025, how should Europe adapt to current challenges in times of growing social corrosion?