Skip to main content
NewStart CLES

CLES calls for new era of community wealth building

Centering community and place

The post COVID-19 world must usher in a new era of community wealth building, according to a think tank. The Centre for Local Economic Strategies (CLES) has today (20 April) published two papers, which outline a number of measures to help build a new democratic economy, once the pandemic subsides. 

The first paper was co-written with the US organisation, the Democracy Collaborative, and calls for ‘buyouts, not bailouts’ with national and local holding companies taking over failing businesses until they are able to be relaunched.

It also calls for a new green industrial strategy, to replace the UK government’s current industrial strategy, which the paper claims is ‘discredited’.

Read the entire article at NewStart.

Publication date: 2020-04-20
Parent publication: NewStart
Publication URL:

More related work

Default Image

HAN Anchoring Resilience: Aligning supply chains and impact purchasing for community health summit

The Healthcare Anchor Network (HAN) convened the “Anchoring Resilience: Aligning Supply Chains and Impact Purchasing for Community Health” summit to spark collaboration in the healthcare sector around onshoring and localizing production of PPE and other supplies, with an emphasis on equity, sustainability, and supply chain resilience.

read more
November 19, 2020
We can't wait to see you again (Nick Bolton/Unsplash)

Local economy preservation fund proposal goes to Biden administration

A plan for local economy preservation funds that would “save local businesses at scale” that would otherwise be casualties of the economic damage done by the CIVID-19 epidemic was delivered today to the Biden-Harris transition team by The Democracy Collaborative and the Council of Development

read more
October 23, 2020
Default Image

UK partnership works to diversify community wealth building and the cooperative sector

The United Kingdom town of Preston and the development cooperative Stir to Action have launched a groundbreaking community wealth building initiative to increase Black, Asian, and minority ethnic representation in the cooperative sector.

read more