Democracy Collaborative senior fellows Marjorie Kelly and Joe Guinan and senior researcher Thomas Hanna each contribute chapters to a new free e-book, Democratic Wealth: Building a Citizens' Economy. The authors discuss economic institutions, alternative economic system designs, and forms of democratic ownership. This open Democracy and Politics in Spires series, hosted by the universities of Oxford and Cambridge, advances the conversation on visioning an economic system that serves the common good.
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Gar Alperovitz and Michael Albert have been at the forefront of efforts to design and build an economy beyond capitalism for decades - efforts that have become even more relevant in our age of economic and ecological crises.
An independent Scotland should want no part in either surrendering monetary sovereignty or EU constitutionalised neoliberalism.
Peter Buffett and his wife, Jennifer, head up the NoVo Foundation, whose $1 billion endowment was made possible by Peter's father, famed investor Warren Buffett. Last year, Peter wrote a scathing opinion piece in the New York Times that called out traditional philanthropy for treating symptoms while ignoring the underlying systemic issues. Now that the dust has settled, Peter Buffett sat down with Gar Alperovitz, longtime advocate for a transition to a more just, equitable, and sustainable economic system, for a conversation about hope, change, personal commitment, and community roots.
Democracy Collaborative co-founder Gar Alperovitz expands on his vision of a cooperative and community-sustaining economy with Editor Scott Gast of Orion magazine.
“I’m hopeful because of young folks like Nick Tilsen. Nick built a community center that uses spiritual and cultural teachings to help young people stay off drugs and their parents live healthier lifestyles. It’s making a difference. Today he’s building something bigger, a clean energy community that will provide affordable housing and help more Lakota small businesses get off the ground. Day by day, family by family, community by community, Nick and his nonprofit have helped inspire a new beginning for Pine Ridge.Nick says we decided as a community to take ownership of our own future. And that makes me hopeful.”
- President Barack Obama, The White House Tribal Nations Conference, Dec. 5, 2012
Royal Mail has been privatized. What if the postal workers were to pool their shares, worth 10 percent of the company, in a union-administered workers' trust?
Democracy Collaborative executive director Ted Howard presented at the Strong Cities, Strong Communities Bootcamp hosted by the German Marshall Fund of the United States on opportunities to incorporate anchor strategies intoNew Orleans’ Prosperity NOLA plan. Mayor Landrieu attended the event, as did executives from five of the city’s major anchor institutions.
In his guest column for Governing, Ted Howard makes the case for anchor engagement in low-income communities, targeted at measurable outcomes and results. Read the article
IN THE LAST YEAR of his life, Martin Luther King Jr. struggled with what are best understood as existential challenges as he began to move toward an ever-more-profound and radical understanding of what would be required to deal with the nation’s domestic and international problems.
The Democracy Collaborative's co-founder, Gar Alperovitz, contributed a chapter on the new economy to the Worldwatch Institute’s State of the World 2014: Governing for Sustainability report.
Building on the "Redefining Rustbelt" event, Ted Howard presented the Anchor Dashboard to a national audioconference organized by the Federal Reserve System. Listen to the presentation
In November, the Democracy Collaborative's Ted Howard and Sarah McKinley, along with Charles Rutheiser of the Annie E. Casey Foundation, presented The Anchor Dashboard as part of a national webcast at the Department of Housing and Urban Development.
Britain is an extreme oddity regarding privatisation: nowhere else in the advanced world is there such a willingness to sell everything that isn’t nailed down. Time and again the British public is ripped off and sold out by its leaders.
Democracy Collaborative co-founder Gar Alperovitz and Senior Researcher Thomas Hanna discuss the challenge of sustaining and building participatory decision-making structures and organizations within a corporate capitalist system. They note the recent bankruptcy filing of Fagor Electrodomésticos Group, the principle company of the Mondragon Corporation, as an impetus to confront the institutional incompatibilities between the free market and cooperative forms.
This is an adapted excerpt version of Democracy Collaborative Executive Director Ted Howard's presentation to a four-city teleconference organized by the regional Federal Reserve Banks in Baltimore, Cleveland, Detroit and Philadelphia. The full transcript of his remarks is below:
As real income levels have stagnated and traditional politics remains deadlocked, communities are looking for new avenues to educate and employ themselves, from social enterprises and cooperatives to community development corporations and credit unions. Democracy Collaborative co-founder Gar Alperovitz reviews the impact of these community wealth building organizations as well as the challenges of supporting these organizations and structuring new local and national institutions that foster efficient, effective, stable, and equitable local economies.
As real income levels have stagnated and traditional politics remains deadlocked, communities are looking for new avenues to educate and employ themselves, from social enterprises and cooperatives to community development corporations and credit unions. Democracy Collaborative co-founder Gar Alperovitz reviews the impact of these community wealth building organizations in “How to Democratize the US Economy,” a new article published in the Nation. This article presents the challenges of supporting these organizations and structuring new local and national institutions that foster efficient, effective, stable, and equitable local economies.
Universities, hospitals and other “anchor institutions” wield considerable economic power in a community. The numbers are widely available, but astonishing nonetheless. Combined, hospitals and universities are responsible for more than $1 trillion of our nation’s $15 trillion economy.
Clearly, these institutions have the potential to bring crucial – and measurable – benefits to the places in which they are rooted. Many hospitals and universities recognize this potential and have become increasingly engaged with their communities. A few, such as Syracuse University, have gone so far as to adopt a mission that consciously seeks to apply their economic and institutional power to better the long-term welfare of local residents.
In the Wake of the Financial Crisis, Americans are Turning More and More to Community Wealth-Building Institutions
More and more people are fighting back against neoliberal austerity policies by turning to economic alternatives.
In the central neighbourhoods of some of America’s larger cities more and more people are turning to economic alternatives in which new wealth is built collectively and from the bottom up.
Faced with spiralling social, economic and environmental problems, many people are turning to economic democracy for solutions. But what shape should this democracy take? And how can it establish an effective process for the distribution of wealth?
OVER the next decade millions of business owners born during the baby boom will retire. Many, with no obvious succession strategy, will simply sell their companies, the backbone of Main Street economies across the country, to large corporations. All too often the result will be consolidations, plant closures and lost jobs for the people who helped build and sustain their companies for decades.
The boomers should think again: selling to their employees is often a far better way to go — for both moral and economic reasons.
Take New Belgium Brewing, based in Fort Collins, Colo., which its chief executive and co-founder, Kim Jordan, sold late last year to its 400-plus employees through what’s called an employee stock ownership plan. “There are few times in life where you get to make choices that will have multigenerational impact,” she said. “This is one of those times.”
Time for the European left to return to its roots and rediscover the alternative models that are a nearly-forgotten part of its heritage.
Shocker: Republicans Fight Obama Plan to Privatize the Hugely Popular, Cheap Energy Source of the TVA
Obama's scheme to sell off the Tennessee Valley Authority gets push-back from Tennessee Republicans who know the benefits of a publicly-owned facility.