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Pascal Dey and Laurent Marti

Social entrepreneurship is commonly touted as holding the promise of transcending the ills of capitalism. This debate, albeit important, lacks theoretical depth and critical grounding. To address this situation, this chapter draws on Henri Lefebvre’s work on capitalism, rhythms and everyday life to develop a conceptual vocabulary attentive to the shifting and contested relationship between social entrepreneurship and the circuits of capitalist accumulation. Based on a theoretical reading of extant literature on micro-finance, particularly research dealing with female micro-credit recipients, the chapter aims to demonstrate the fecundity of Lefebvre’s work for grasping, on the one hand, how social entrepreneurship is aligned with the rhythmic unfolding of capitalist accumulation and, on the other, how the accumulation process is pierced by moments of excess and breakthrough.