An important shift brought about by the community wealth building movement is towards regionalizing and localizing financial flows and keeping money in communities through initiatives such as local currencies and community banks. This is now rapidly catching on in the UK.
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
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.