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How to Democratize the US Economy

Gar Alperovitz

As real income levels have stagnated and traditional politics remains deadlocked, communities are looking for new avenues to educate and employ themselves, from social enterprises and cooperatives to community development corporations and credit unions. Democracy Collaborative co-founder Gar Alperovitz reviews the impact of these community wealth building organizations in “How to Democratize the US Economy,” a new article published in the Nation. This article presents the challenges of supporting these organizations and structuring new local and national institutions that foster efficient, effective, stable, and equitable local economies.