[Community wealth building] must realise its potential to develop institutions and build a new ecosystem rooted in participation and ownership by the community that will ensure a power base for long-term sustainability. To do so the movement needs to be properly resourced and supported, both in terms of local capacity building and policy development at all levels, to scale to the challenges and to fulfil its promise of transformative local system change.

A new report from Common Wealth and The Democracy Collaborative, produced with support from Power to Change and developed with input from key actors in the field like the Centre for Local Economic Strategies, explores the existing Community Wealth Building landscape in the UK, its challenges and opportunities, and presents recommendations for filling the gaps in order to position this movement for a more democratic economy as the recovery response to Covid-19.

Read the full article at openDemocracy