Community Wealth Building
Fighting inequality with comprehensive and transformative solutions for community economic development.
It is easy to be distracted by what passes for economic news these days, focused as it is on short-term fluctuations and assurances of recovery and revitalization. The simple truth, however, is that year by year, decade by decade, life in the United States is steadily growing ever more unequal.
Developing new models to promote equity and anchor capital in communities.
As cities wrestle with the growing challenge of wealth inequality, more and more leaders are looking to broad-based ownership models as tools to create jobs and build community wealth. These models are highly effective, with a positive impact for low- and moderate-income individuals and communities. This report looks at six such models—ESOPs, Worker Cooperatives, CDFIs, Social Enterprises, Municipal Ownership, and Emerging Hybrids—with examples of best practices, and explores how these models can be used in community economic development.
Public interest in cooperatives has surged since the global financial crisis, as people cry out for an alternative to business-as-usual. In spite of their many benefits for individuals, businesses, and society, however, cooperatives are not well understood in the United States. The field of worker co-op development is just beginning to create the infrastructure and knowledge base needed to increase its scale and impact. Read more about Worker Cooperatives: Pathways to Scale...
Connecting the Field
Building a stronger network of practice for community wealth builders across the country.
Our new Learning/Action Lab program helps amplify local capacity to deploy new strategies for building wealth in low-income communities, connecting grassroots leaders with the models and best practices they need for transformative economic development. Our first cohort of Lab participants is bringing together five Native organizations for ongoing training and consultation as they develop new community-owned enterprises.
Vision and Strategy
Helping orient our work today as community wealth builders towards the world we want to see tomorrow.
New book from political economist and historian Gar Alperovitz, the co-founder of the Democracy Collaborative, outlines how we can democratize wealth and build a community sustaining economy from the ground up.
An overview of The Next System Project and the need for systemic solutions for systemic crisis.
Engaging with eds, meds, and other anchor institutions to help them help communities.
“All in for Mission” is the Emerging Model for Impact
Tyler Norris, Vice President of Total Health Partnerships, Kaiser Permanente
Ted Howard, President and co-founder, The Democracy Collaborative
This study seeks to introduce a framework that can assist anchor institutions in understanding their impact on the community and, in particular, their impact on the welfare of low-income children and families in those communities.
Best practices and policy
Resources to advance community wealth building and help it scale.
How can cities redeploy their economic development resources to focus on building a more inclusive economy grounded in broad, local ownership? How can policymakers get strategies like worker cooperative development the support and resources needed to reach truly meaningful scale? How can collaborations between communities, local government, and key institutional stakeholders build pathways to economic equity for the people left behind by the traditional trickle-down economic playbook? Read more about Municipal leaders share visions for cities that build community wealth...
Our Community-Wealth.org site is an essential resource for practitioners and policy makers working to build community wealth. For almost a decade, our site has served as a central clearinghouse for key research and reports from the field, cutting across traditional community development silos and offering a comprehensive guide to local wealth building strategies.