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.
With the encouragement of ICARE (The Interfaith Coalition for Action, Reconciliation and Empowerment), the City of Jacksonville invited The Democracy Collaborative to organize an exploratory conversation around community wealth building as a means of addressing local poverty and economic marginalization. Read more about Highlights from the 2014 Jacksonville Community Wealth Building Roundtable...
What is Community Wealth?
How do you build community wealth? Here's some of the basic principles of a successful approach:
Community Wealth Cities
Incorporated as a city in 1819, Cincinnati grew steadily through the mid-1900s due to its prime location on the Ohio River. In fact, the Queen City—so dubbed by Longfellow, who referred to it as “the Queen of the West”—weathered the Great Depression better than most cities of comparable size because of the resurgence in river trade, which was less expensive than rail. By 1950, Cincinnati had grown to its peak of nearly 504,000 residents, making it the 18th largest city in the country. Read more about C-W City: Cincinnati, Ohio...
Community Wealth Interviews
- This webinar, organized by the Association for Community Health Improvement and the American Hospital Association, outlined opportunities for hospitals to promote health through economic development and community investment. The discussion used the findings of The Anchor Dashboard as a starting point to show how hospitals can broaden their impact on their surrounding communities.
Featured from the toolbox
In this new guide to community investment, the Business Alliance for Local Living Economies (BALLE) identifies finance options and other investment tools to reinvigorate regional economies, create high-quality jobs, and restore the environment. BALLE offers this guide as a resource to help re-shape financial capital flows to support local self-sufficiency and ingenuity.