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Colorado Impact Report: Will Denver Become America’s First ‘Community Wealth’ City?

“In cities across America, a new form of local economy is emerging,” Democracy Collaborative co-founder and President Ted Howard writes. “Many call this growing movement ‘Community Wealth Building,’ a framework for economic development built on principles of democratizing wealth, broadening ownership over capital, leveraging existing institutional assets to benefit place, and preventing money from leaking out of our communities. The goal is to reinforce core values such as equity, inclusion, local stability, and sustainability. A range of corporate and institutional forms, involving millions of Americans as owners and consumers, are part of this movement, including cooperatives, employee-owned companies, community financial institutions, land trusts, municipal and state ownership, impact investing, and social enterprise.”

Read Ted Howard’s contribution to the Colorado Impact Report here.

 

Publication date: 2017-06-11
Parent publication: Colorado Impact Report
Publisher: Cornerstone Capital Group
Publication URL: http://cornerstonecapinc.com/wp-content/uploads/2017/06/Colorado-Impact-Report_final.pdf

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