Skip to main content
Default Image

Beyond Municipal Protectionism

Fighting for a new systemic vision Redesigning the enterprise

Joe Guinan and Sarah McKinley of The Democracy Collaborative discuss community wealth building and the need for a new way to determine the true value of local and regional economies beyond the common but distorted GDP and profit/loss metrics. They reflect on the total local public balance sheet as one potential form for measuring these values.

Looking at everything from increased taxes, reduced welfare, and the cost of unemployment, social services, and other ‘externalities’ on a given locality, the local public balance sheet “compares the total taxpayer and public benefits from direct intervention to maintain local employment against total costs.” The goal is to create a more comprehensive guide for evaluating public action or inaction than conventional considerations of profit and loss based on looking only at the books of private firms – a narrow and antisocial view.

Read the full article at Stir to Action

Publication date: 2020-04-12
Publisher: Stir to Action
Publication URL: Beyond Municipal Protectionism

More related work

Default Image

The Democracy Collaborative and The Democracy Collaborative Workers' Union agree to fair severance package for laid-off staff

TDC and union members have agreed to a package of protections that goes well beyond the baseline severance provisions for layoffs agreed to in TDC’s union contract.

read more
February 18, 2021
Default Image

The Democracy Collaborative supports jobs guarantee resolution

Resolution by Rep. Ayanna Pressley continues a decades-long movement fight for economic justice For Immediate Release Contact: Isaiah J. Poole, Vice President of Communications; 202-559-1473 ext 3012, ipoole@democracycollaborative.org Washington DC – Following the introduction of the federal jobs

read more
January 8, 2021
Default Image

After the insurrection: Defeating Trumpism, rebuilding America

Our message about how we must respond to the 2017 Charlottesville tragedy is even more relevant after the attack on the US Capitol by Donald Trump supporters.

read more