Skip to main content
April-2011-038.jpg

How Economic Development Can Build 'Community Wealth'

Expanding democratic ownership

Journalist Anne Field unpacks The Democracy Collaborative’s new publication Educate and Empower: Tools for Building Community Wealth, highlighting the eleven case studies from the original report.

“Too often, economic development efforts pit communities against each other or fail to help large swaths of low-income people. How do you go about engaging in economic development that helps low-income areas, involves local people in the process, creates jobs paying a decent wage, avoids the dislocation of many residents and shops, and helps to form a more vibrant community?

To answer that question, researchers at Takoma Park, Md-based Democracy Collaborative looked at 11 community economic development initiatives aimed at what they call “community-wealth building”, ranging from worker cooperatives to family foundations. In a recently published report, Educate and Empower: Tools for Building Community Wealth, authors Keane Bhatt and Steve Dubb pinpoint 21 successful tactics used by these groups.”

Read the full article here.

Publication date: 2015-08-27
Parent publication: Forbes
Publication URL: http://www.forbes.com/sites/annefield/2015/08/28/how-economic-development-can-build-community-wealth/

More related work

July 7, 2020
Default Image

Building the democratic economy, from Preston to Cleveland

In June 2018 The Laura Flanders Show released a special report, “Building the Democratic Economy, from Preston to Cleveland ,” co-produced with The Democracy Collaborative. The documentary features the exciting trajectory of a new model of inclusive, democratic local economic development in what had

read more
July 7, 2020
The Preston model

The Preston model: An overview

The “Preston Model” is helping inspire a new conversation about the role of local government in catalyzing locally-driven economic revitalization and transforming patterns of ownership towards democratic alternatives.

read more
May 13, 2020
The future is public

The Future is Public: Towards democratic ownership of public services

The COVID-19 crisis has demonstrated that public services and the people who operate them are truly the foundation of healthy and resilient societies, This book explores a growing international (re)municipalization movement that is helping redefine public ownership for the 21st century.

read more