Joe Guinan is a Senior Fellow at The Democracy Collaborative and Executive Director of the Next System Project. Having first worked with Gar Alperovitz and The Democracy Collaborative ten years earlier, he returned in 2012 to help design, launch and implement the Collaborative’s work on alternative political-economic systems. A former journalist, he was previously a program director at the Aspen Institute and a fellow at the German Marshall Fund of the United States and has served as a consultant to the William & Flora Hewlett Foundation. With a decade of experience in international economics, trade policy, global agriculture, and food security, he has been a frequently cited expert on globalization and economic development in major news media, including the New York Times, Financial Times, Wall Street Journal, Newsweek, BBC News, and Al-Jazeera. Born in England with dual Irish and British citizenship, he grew up in British labor movement circles and was educated at Balliol College, Oxford. He writes regularly for progressive outlets in the UK, including openDemocracy and the journal Renewal, and is a member of the editorial collective of New Left Project.
Time for the European left to return to its roots and rediscover the alternative models that are a nearly-forgotten part of its heritage.
Democratic wealth-holding can give social democracy a new set of economic institutions and political power bases.
Royal Mail has been privatized. What if the postal workers were to pool their shares, worth 10 percent of the company, in a union-administered workers' trust?
Britain is an extreme oddity regarding privatisation: nowhere else in the advanced world is there such a willingness to sell everything that isn’t nailed down. Time and again the British public is ripped off and sold out by its leaders.
This new report from The Democracy Collaborative and the Responsible Endowments Coalition seeks to connect struggling communities to local institutional wealth through engaging student activism. The report profiles three administration-led initiatives and three student-led initiatives, as well as five potential future partnerships, where institutional investments are directed into local communities in a way that empowers low-income residents, develops small businesses, and generates sustainable economic development.
America's infrastructure is in disrepair, but the Obama administration's proposed solution emphasizes public-private partnerships with all the risks they entail. Instead, a true partner for rebuilding America can be found in the untapped potential of workers' vast pension fund assets. Such an approach could create important institutional alliances of state and local governments, public workers and labor unions, and lay the basis for a very different pattern of political economy capable of reversing spiraling inequality and displacing corporate power.
Our broken economic model drives inequality and disempowerment, lining the pockets of corporations while extracting wealth from local communities. How can we reverse this?
Joe Guinan and Martin O’Neill argue for an approach that uses the power of democratic participation to drive equitable development and ensure that wealth is widely shared. They show how this model – Community Wealth Building – can transform our economic system by creating a web of collaborative institutions, from worker cooperatives to community land trusts and public banks, that empower and enrich the many, not the few.
This book is essential reading for everyone interested in building more equal, inclusive, and democratic societies.
- The New Republic
The shuttering of the GM works in Lordstown will also bury a lost chapter in the fight for workers’ control.
- The Guardian
After decades of rightwing dominance, a transatlantic movement of leftwing economists is building a practical alternative to neoliberalism.
- The Economist
A glut of new think-tanks show the left is at last coming up with new ideas—with help from an unlikely source.
- IPPR Progressive Review
The British Left has begun to promote a new economic frame that emphasizes equality, sustainability, and democratic participation in response to continued economic difficulties and consequences of an exploitative model. Success in the UK could signal greater change on the international scale.