Richmond, Virginia

The 32nd in our continuing series of Community Wealth Cities is Richmond, Virginia. Richmond has a complex history; once the capital of the Confederacy, it was also the first city to host a bank chartered by African- Americans. Its unique legacy as a site of both racial tension and progress creates interesting challenges and opportunities for community wealth building. Last fall, Richmond gained national attention for Mayor Dwight Jones’ anti-poverty plan, which calls for broad expansion of community wealth building and social enterprise activity.

Kentucky City Begins Operating New Municipally-Owned Gas Station

July 24th, 2014 -- violeta
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...

*NEW* Mary Hoyer, "Unions and Worker Co-ops: Working Together," Grassroots Economic Organizing, February 2014.

 A Democracy Collaborative infographic, developed by Communications Associate Benzamin Yi, was featured in a Grassroots Economic Organization article regarding a Cincinnati Union Co-op gathering held last December.

*NEW* Steve Dubb, Creating Jobs by Building Community Wealth, February 24, 2014..

Democracy Collaborative Research Director Steve Dubb recently participated on a panel at the Aspen Institute to discuss “Big Ideas for Job Creation.” Moderated by Maureen Conway, Executive Director of the Economic Opportunities Program at the Aspen Institute, Steve and fellow panelist Carla Javits of REDF outlined strategies to redirect anchor institution procurement (as discussed in the Anchor Dashboardand policies that support social enterprise, build community wealth, and strengthen local economies.

*NEW* Len Boselovic, "Heard off the Street: Economist touts employee-owned companies," Pittsburgh Post-Gazette, March 23, 2014.

Democracy Collaborative co-founder Gar Alperovitz was the featured speaker at Pittsburgh’s New Economy Celebration, where he talked aboutunion and worker-owned cooperatives in Pittsburgh, Cincinnati, and other cities.

*NEW* David Zuckerman, A Just Economy: Ideas, Action, Impact, National Community Reinvestment Coalition, March 14, 2014.http://www.youtube.com/watch?v=g0KoG6C20Tg.

David also participated in a panel along with Democracy Collaborative Research Director, Steve Dubb, at the National Community Reinvestment Coalition’s annual conference to discuss strategies for partnering with healthcare institutions to build community wealth. 

*NEW* David Zuckerman, Hospitals Building Healthier Communities: Investing Outside Institutional Walls, Hospitals in Pursuit of Excellence, March 19, 2014..

Democracy Collaborative Research Associate David Zuckerman participated in an American Hospital Association-sponsored webinar through its Hospitals in Pursuit of Excellence platform.The presentation featured practitioners from Bon Secours Health System, University Hospitals in Cleveland, and Catholic Health East/Trinity Health discussing opportunities for hospitals to promote health through economic development and community investment. 

*NEW* Ted Howard, Ted Howard Speaks at City of Memphis’ 2014 Neighborhood Redevelopment Conference, City of Memphis, April 16, 2014.http://cityofchoice.org/nrc/nrc_speakers.html.

In April 2014, Ted Howard, Executive Director of the Democracy Collaborative, spoke on Anchor Institutions at the City of Memphis’ 2014 Neighborhood Redevelopment Conference on “Building Healthy Communities from the Inside Out.”

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Featured publication

  • Worker Cooperatives: Pathways to Scale

    May 20th, 2014 -- john
    Hilary Abell

    Public interest in cooperatives has surged since the global financial crisis, as people cry out for an alternative to business-as-usual. In spite of their many benefits for individuals, businesses, and society, however, cooperatives are not well understood in the United States. The field of worker co-op development is just beginning to create the infrastructure and knowledge base needed to increase its scale and impact.

What is Community Wealth?

How do you build community wealth? Here's some of the basic principles of a successful approach:

Community Wealth Cities

Richmond, Virginia

The 32nd in our continuing series of Community Wealth Cities is Richmond, Virginia. Richmond has a complex history; once the capital of the Confederacy, it was also the first city to host a bank chartered by African- Americans. Its unique legacy as a site of both racial tension and progress creates interesting challenges and opportunities for community wealth building. Last fall, Richmond gained national attention for Mayor Dwight Jones’ anti-poverty plan, which calls for broad expansion of community wealth building and social enterprise activity.

Community Wealth Interviews

C-W Interview: Ai-jen Poo

Ai-jen Poo has been organizing immigrant women workers since 1996. In 2000 she co-founded Domestic Workers United, the New York organization that spearheaded the successful passage of the state’s historic Domestic Workers Bill of Rights in 2010. In 2007, DWU helped organize the first national domestic workers convening, where the National Domestic Workers Alliance (NDWA) was formed. Ai-jen has served as Director of NDWA since 2009 and works on elevating women of color and domestic workers rights issues at a national level.

Spotlight

Featured from the toolbox

  • Enterprise Financing for WealthWorks Value Chains

    Marjorie Kelly

    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.

    Read more...
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