In this chapter, the new social economy is addressed from the point of view of the Swedish social economy. The Swedish social economy is appropriately described as the sole or the backbone of the Swedish society. It is a vast sphere containing several sectors and a melting pot of numerous organisations emphasising social values and has an effect on most Swedish citizens and denizens at some point, if not throughout their entire lives. Hence, it would be close to megalomania to set out to cover all aspects of the social economy sphere in this chapter. Instead, the main focus is on those aspects relating to the Swedish welfare state.