Skip to main content
Next City Combat Widespread Job Loss

To Combat Widespread Job Loss, Stay Local and Look to Import Replacement

Centering community and place

At a time when businesses pivot from making booze to hand sanitizer, and from sewing t-shirts to facemasks, we look at the cities that have already successfully re-localized industry.

Amid the grim reality of COVID-19, one of the rare feel-good storylines has been a local business that changes its manufacturing setup in an immediate response to the pandemic.

“The example we reference regularly is of the Evergreen Cooperatives in Cleveland. A project of the Democracy Collaborative, the Evergreen coops feature a solar panel factory, greenhouse, and a laundry that services local healthcare institutions,” says Moriarty. Evergreen’s Fund for Employee Ownership also helps convert small businesses into worker-owned cooperatives, a growing trend in the “silver tsunami” movement of retiring baby boomers whose children do not want to take over the family small business.

Founded 20 years ago, Democracy Collaborative has been thinking about how to build a national, truly democratic economy where ownership is broadly held, says Ted Howard, its co-founder and director. The current economy common in the United States is extractive, he says: “highly productive, it keeps producing but not creating substantial wealth. It’s extracting and concentrating in fewer and fewer hands.”

Read the entire article at Next City.

Publication date: 2020-04-20
Parent publication: Next City
Publication URL: https://nextcity.org/features/view/to-combat-widespread-job-loss-stay-local-and-look-to-import-replacement

More related work

Neil McInroy (Source: Coop News)

Neil McInroy joins TDC to advise stepped-up community wealth building program

The former CEO of a leading UK economic think tank will be central in helping build capacity to offer powerful new technical assistance to cities and local authorities pursuing community wealth building strategies.

read more
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
September 22, 2021
Default Image

Chicago mayor makes historic community wealth building commitment

Lightfoot proposes $15 million to pilot economic development strategy focused on “local, democratic and shared ownership” NEWS RELEASE For Immediate Release CONTACT: Isaiah J. Poole, Vice President of Communications; ipoole@democracycollaborative.org Making a sharp departure from the usual economic

read more