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Municipal Enterprise

Our Common Wealth: The return of public ownership in the United States

Thomas Hanna

Public ownership is more widespread and popular in the United States than is commonly understood. This book is the most comprehensive and up-to-date analysis of the scope and scale of U.S. public ownership, debunking frequent misconceptions about the alleged inefficiency and underperformance of public ownership and arguing that it offers powerful, flexible solutions to current problems of inequality, instability, and unsustainability- explaining why after decades of privatization it is making a comeback, including in the agenda of Jeremy Corbyn's Labour Party in Britain. Hanna offers a vision of deploying new forms of democratized public ownership broadly, across multiple sectors, as a key ingredient of any next system beyond corporate capitalism. This book is a valuable, extensively researched resource that sets out the past record and future possibilities of public ownership at a time when ever more people are searching for answers.

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The Shape of a New Economy

Ralph Nader
Ralph Nader Radio Hour

Gar Alperovitz is an historian, political economist, activist, writer, and government official.  In addition to a distinguished career in academia, he is also the a co-founder of the Democracy Collaborative, a research institution developing practical, policy-focused, and systematic paths towards ecologically sustainable, community-oriented change and the democratization of wealth.  His latest project is called the “Pluralist Commonwealth,” which is an economic model that is neither traditional corporate capitalism nor traditional state socialism.

Listen to Gar's interview with Ralph Nader here

Kentucky City Begins Operating New Municipally-Owned Gas Station

A conservative-leaning city purchases a fuel center in an effort to drive down gas prices for local residents.

Earlier this month, the small city of Somerset, Kentucky drew national attention when it opened a municipally-owned and -operated fuel center in an effort to drive down gas prices for local residents. As a result of its proximity to Lake Cumberland, a popular tourist destination, the city of 11,000 residents has long struggled with high fuel prices—especially during the summer months between Memorial Day and Labor Day. Read more about Kentucky City Begins Operating New Municipally-Owned Gas Station...

Boulder Sets Sights on Climate Change and Xcel Energy with Formation of Municipal Utility

Residents see public ownership as best way to address climate change
Since our last posting on Boulder’s municipalization efforts, the city has taken another big step forward and succeeded in creating its own power and light utility. Through the continued efforts of an informed, engaged, and environmentally conscious citizenry, Boulder is moving closer to its goal of significant emissions reductions through local control of its energy system.

Boulder Residents Defeat Xcel Again

Largest German cities also pursue public ownership of grid and renewable energy goals

On November 5th, residents of Boulder, Colorado went to the polls to decide whether or not the city should continue on its path towards a locally controlled public utility devoted to expanding renewable energy and reducing carbon emissions. At issue was ballot question 310, an initiative backed by the existing corporate provider Xcel Energy that would have crippled the city’s municipalization efforts by placing severe debt and other restrictions on the process. Just as they did in 2011 when city residents voted to form their own public utility, Xcel energy spent large amounts of money trying to influence local voters. This time around the company spent $800,000 dollars, bringing its total for both elections to approximately $1.8 million.

The Rise of Community Wealth Building Institutions

More people are turning to economic alternatives in which new wealth is built collectively and from the bottom up

Crossposted from Policy Network, and later published on the London School of Economics website, this blog is part of a debate event hosted by Policy Network in London, UK, that was reviewed in OurKingdom by grassroots activist James Doran:    

Five years after the financial crisis economic inequality in the United States is spiraling to levels not seen since the Gilded Age. While most Americans are experiencing a recovery-less recovery, the top one per cent of earners last year claimed 19.3 per cent of household income, their largest share since 1928. Moreover, income distribution looks positively egalitarian when compared to wealth ownership.

Public Money for the Public Good

How public finances can be unlocked for local economic development
Public banks and credit unions weathered the last crisis much better than private banks, benefiting the communities they served as well. And many experts believe that it’s only a matter of time before the next financial crisis hits. To weather the next one well, we need to ensure that our individual and collective resources strengthen the types of financial institutions that are democratically accountable, economically stable, mission oriented, and that are actively helping build and keep wealth locally in our communities.

Boulder Gains Momentum in Fight for Green Public Utility

Local campaign seeks to hold back corporate efforts to undo election results

Green. Local. Not-for-profit. That’s the goal in Boulder, Colorado where grassroots activists and the local nonprofit New Era Colorado Foundation have been campaigning to turn the city’s private power source into a public utility in order to more aggressively pursue renewable energy options and reduce carbon emissions. Read more about Boulder Gains Momentum in Fight for Green Public Utility...

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