Resources do not represent community wealth unless communities own and control them. This handbook looks at various kinds of shared ownership, including cooperatives, employee ownership, community land trusts, municipal ownership, local and tribal ownership, mission-controlled ownership, and community covenants and easements. Each section looks at strengths, weaknesses, the range of applications, expertise required, and sources of assistance.
Articles and more...
The Emergence of New Corporate Forms: The need for alternative corporate designs integrating financial and social missions, paper number 9
Strategic Corporate Initiative Toward a Global Citizens' Movement to Bring Corporations Back Under Control
In the Spring 2007 issue of the National Housing Institute's journal Shelterforce, C-W.org' s own Gar Alperovitz, Steve Dubb, and Ted Howard examine growing efforts nationwide to integrate individual and community wealth building.
Choosing an Effective and Just Economic Future: A Leadership Roundtable—Executive Summary, Co-moderated by Austin Burke and Sondra Meyers
Is the way we are currently using the capital available to us working during a period of declining social spending and greater inequality? In this issue of Nonprofit Quarterly, Gar Alperovitz of The Democracy Collaborative and others discuss ways to enhance community wellbeing.
Making a Place for Community argues that misguided politics at the local, state and national level have damaged local community life in the United State and weaken the basis of local democracy. Through a combination of community wealth building strategies, from land trusts to municipal and employee ownership, Thad Williamson, David Imbroscio, and Gar Alperovitz show how people can act to limit sprawl and build economic stability by anchoring jobs in local communites.
A 125-bed facility with more than 950 employees, Bon Secours Baltimore is the flagship of the nine-hospital Bon Secours Health System, a $3.3 billion not-for-profit Catholic health system stretching from New York to Florida. As Southwest Baltimore’s primary anchor institution, Bon Secours Baltimore Health System has adopted an approach to community and economic development since the 1990s that focuses on revitalizing neighborhoods and rehabilitating housing, providing family and women’s services, offering youth employment and workforce development, and expanding financial services. As a result, Bon Secours’ larger system has since institutionalized these practices through its Healthy Communities initiative, which is modeled on Baltimore’s approach and requires each system hospital to develop community-specific initiatives that reflect the social determinants of health. Bon Secours Baltimore has also refocused efforts to increase local purchasing from minority- and women-owned suppliers.
Representing the center of a $8.5 billion health system, Mayo Clinic’s hospital operations in Rochester employ more than 33,500 people and maintain 1,132 beds. Mayo operations here also procure more than $1 billion in goods and services annually, profoundly impacting the economies of the state’s third largest city and the greater region of southeast Minnesota. Recently assuming a larger role in spurring local revitalization of the surrounding region and Downtown Rochester, Mayo has begun to consciously target local and diverse suppliers in the area. It also served as the principal funder for First Homes, a community land trust that has to date developed 875 units of affordable housing available to all community residents.