Against the enigma of the network society driven by information and communication technologies (ICT), the dynamics of cyberspace have been extending the mode and form of communications and hence the constitution of new (cyber)culture, (virtual) community and reality, which in turn shaping the socio-political processes of people (non)participation. Will this foster a better prospect for the social economy project? How can/should we make use of the ICT for social economy? This paper examines the contradictions embedded in, and the