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October 23, 2020
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UK partnership works to diversify community wealth building and the cooperative sector

The United Kingdom town of Preston and the development cooperative Stir to Action have launched a groundbreaking community wealth building initiative to increase Black, Asian, and minority ethnic representation in the cooperative sector.

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We can't let the WTO get in the way of a 'people's vaccine'

Dana Brown, co-director of Theory, Research, and Policy and director of The Next System Project at The Democracy Collaborative writes: Earlier this month, India and South Africa, two of the countries hardest hit by the pandemic, formally petitioned the WTO to suspend [Trade-Related Aspects of

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If we want more companies like Patagonia, we need laws to enforce it

“Voluntary initiatives in the private sector—that’s been the nature of socially responsible business and investing for 30 years,” says Marjorie Kelly, executive vice president of the Democracy Collaborative, a nonprofit research institute focused on building a fairer economy. “We are now at a pivot

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Study reveals how 'stakeholder capitalism' fails to live up to promises as corporations continue putting profits over people

Proponents of a genuinely just and sustainable society like Marjorie Kelly, executive vice president of The Democracy Collaborative, have criticized the BRT statement while arguing that what’s known as the triple-bottom-line approach to business—people, planet, and prosperity—is a step in the right

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September 21, 2020
Democratising Ownership

Democratizing knowledge: Transforming intellectual property and research and development

We need to apply democratic ownership and control principles to intellectual property and research and development, so th2interconnected and entwined systems are used to build a more equitable, sustainable, and democratic 21st-century economy.
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Turning the small business crisis into an opportunity for equitable employee ownership

Rather than standing by as a wave of corporate buyouts and consolidations undermine local economies and further exacerbate wealth inequality, social impact investors could become the agents of a sweeping economic transformation anchored in broad-based employee ownership. They could turn the current

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The profit maximizing corporate model must evolve

The Democracy Collaborative’s vice president Marjorie Kelly says that in the radically altered COVID-19 landscape, talk is especially cheap, and that it’s past time for the dominant corporate model to radically change. It’s also time to take dramatic action to stop the evisceration of the small

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The COVID Vaccine “War”: Screws Loose in our Moral Framework

The Democracy Collaborative proposes a publicly owned pharmaceutical industry, the purpose of which would be to develop lifesaving medication for all rather than maximizing shareholder profits. Decisions that put people first would make sure medications were developed to treat rare diseases and that

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Template for a Cooperative Network of Small Architecture Practices

Worker-owned cooperatives are increasingly taking hold in the U.S in response to extreme pressures on American workers in the current economy. A leading organization in this movement is the Democracy Collaborative, that has created a series of worker-owned coops in Cleveland, OH, called the

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‘People need broadband’: Internet projects are taking place or in pipeline, but some concerned about their closed structure

As some recognize, internet access in the U.S. is generally far slower and more expensive than in most other advanced countries. According to The Next System Project, a democratic collaborative, nearly 133 million Americans don’t have internet connection speeds of at least 250 megabits per second

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May 7, 2020
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Investor guidelines for shared value creation in employee ownership transitions unveiled

In mid-January, the Rutgers Institute for the Study of Employee Ownership and Profit Sharing held its mid-year Kelso fellows meeting, in which scholars and practitioners spent two days sharing research and ideas to deepen understanding of the many forms of employee ownership. Among wide-ranging
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December 10, 2019
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Last call: A forum on the end of employee ownership at New Belgium

As I travel around the country sharing the transformative power of employee ownership, I find that it’s not difficult for folks to fall in love. Indeed, the promise of a proven, common-sense pathway to reduce inequality, anchor jobs at home, and rebuild a strong and stable middle class by leveraging
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October 1, 2019
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THE ESOP EFFECT

Jessica Rose—The Democracy Collaborative’s Chief Financial Officer and Director of Employee Ownership Programs—talks employee ownership in the Mendoza Business Magazine. “If employee ownership is so great, why aren’t there more employee-owned businesses?” Jessica Rose (MBA ’14) says this question is

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Employee Ownership and Inequality: A New Call for Business Leaders

Jessica Rose, CFO and Director of Employee Ownership Programs at the Democracy Collaborative, shares how employee ownership offers a set of market-based solutions to combat inequality.
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May 19, 2019
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A British Town’s Novel Solution to Austerity

Jessica Rose—The Democracy Collaborative’s Chief Financial Officer and Director of Employee Ownership Programs—speaks to The Atlantic on the Evergreen Cooperatives: The project here is influenced in large part by the work of the Democracy Collaborative, a think tank based in Cleveland, Ohio

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May 11, 2019
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The NCEO Conference—and the Prospects for Employee Ownership

Jessica Rose—The Democracy Collaborative’s Chief Financial Officer and Director of Employee Ownership Programs—is mentioned in Employee-Owned America: To date, virtually every ESOP has come about because an individual company owner or family decided to sell their company to its employees. Who else
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Mission-led employee-owned firms: The Best of the Best

Mission-led employee-owned firms embody a powerful model of enterprise design for a new era of environmental sustainability and social equity. This report shares the story of this emerging model, embodied in 50-plus firms that are employee-owned B Corporations and benefit corporations, plus dozens

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Using Business to Address the Root Causes of Income Inequality

In this video, Jessica Rose, CFO and Director of Employee Ownership Programs at the Democracy Collaborative, explains how businesses can develop market-based solutions to income inequality.
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May 29, 2018
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Number of Employees Set to Triple at Evergreen Cooperative Laundry

On May 10, I stood with city dignitaries, hospital executives, and over 100 shop-floor employees to witness an historic ribbon-cutting ceremony, as Cleveland’s Evergreen Cooperative Laundry (ECL) announced it was taking over operation of the Cleveland Clinic’s massive industrial laundry facility
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June 25, 2017
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Fifty by Fifty: Taking Employee Ownership to Scale

The moment is right for employee business ownership to go to scale. The models are tested and proven, the increasing struggles of American families makes the need apparent, and the baby boomer retirement wave presents a once-in-a-lifetime surge in demand for a variety of business transition options
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Jessica Rose + Adam Trott: Cooperative models for community based economic development [Ep. 40]

In this episode of Next Economy Now, Shawn Berry, a Partner at LIFT Economy, interviews Jessica Rose from the Democracy Collaborative and Adam Trott from the Valley Alliance of Worker Cooperatives. The Democracy Collaborative has been doing important work around community wealth building, one of
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Enterprise Financing for WealthWorks Value Chains

This new report, authored by Democracy Collaborative Senior Fellow Marjorie Kelly, offers a comprehensive framework of community investing, ownership, and wealth control models to enhance the social, ecological, and economic well-being of rural areas. Clearly articulating the challenges involved

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June 5, 2013
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A Third of All States Now Have Benefit Corp Laws

Last month, the state of Nevada became the 17th state to pass legislation enabling businesses to incorporate as benefit corporations. There are nearly a dozen other states considering legislation, illustrating just how rapidly this idea has spread since Maryland became the first to pass legislation in April 2010. Legislatures in all corners of the U.S. have supported this concept overwhelmingly.

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January 17, 2012
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B Corp Catches Momentum at State Level

In December 2011, New York became the seventh state to pass bi-partisan legislation to create a new type of corporation that is quickly becoming a household name – a Benefit Corporation. A B-Corp, for short, is required to do what other corporations cannot - consider its impact on equal ground with its bottom line. B Corporations must make a material positive impact on society and the environment and must meet higher standards of accountability and transparency than traditional corporations.

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April 25, 2011
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B corporations gain media spotlight

According to standard U.S. corporate law, corporate trustees have a fiduciary obligation to maximize shareholder return. This has led to many “socially responsible corporations” being acquired by multi-national companies. Famously, a decade ago Ben & Jerry’s was acquired by Unilever. Other examples abound, as Tina Rosenberg of the New York Times details here.

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