Skip to main content
Screen Shot 2016-06-22 at 12.42.08 PM.png

Community wealth building: America’s emerging asset based approach to city economic development

Across the United States a growing number of communities are experimenting with innovative ways to create a more equal, democratic, and community-based economy from the ground up. Our Vice President and Senior Fellow Marjorie Kelly, Manager of Community Development Programs Sarah McKinley, and Research Associate Violeta Duncan co-write a piece for the Renewal Journal on how we can use a “politics of place” and “politics for places” to uplift communities across the country and world:

As community activists and a rising generation of progressive mayors and city economic development professionals get to grips with entrenched poverty and inequality, a new bottom-up paradigm is beginning to emerge – a systems approach to economic development that promises to create an inclusive, resilient, community-based economy grounded in local, broadly held ownership. We call this new asset-based paradigm ‘community wealth building’.

Read more from the report below.

Publication date: 2016-01-31
Pages: 51-68
Parent publication: Renewal: A Journal of Social Democracy
Download and read now:

More related work

February 5, 2016
24800776055_0377d15011_z.jpg

Municipal leaders share visions for cities that build community wealth

How can cities redeploy their economic development resources to focus on building a more inclusive economy grounded in broad, local ownership? How can policymakers get strategies like worker cooperative development the support and resources needed to reach truly meaningful scale? How can

read more
shareable-logo_0_0.png

5 Cities Building Wealth Through People Power

Cat Johnson of Shareable highlights some of the case studies presented in the Democracy Collaborative report, Cities Building Community Wealth in an effort to unite communities behind this new, inclusive approach to economic development: Community wealth building is a way of strengthening

read more
November 18, 2015
Default Image

Can Community Wealth Building Redefine City Economic Development?

In this article written for the Rooflines blog, our Director of Special Projects Steve Dubb points out key examples of equitable and sustainable alternatives to the traditional forms of economic development found in a new report released by Good Jobs First. Dubb highlights the case studies presented in our report, Cities Building Community Wealth as essential new approaches to combat the detrimental effects of traditional development practices.

read more