This new report from The Democracy Collaborative and the Responsible Endowments Coalition seeks to connect struggling communities to local institutional wealth through engaging student activism. The report profiles three administration-led initiatives and three student-led initiatives, as well as five potential future partnerships, where institutional investments are directed into local communities in a way that empowers low-income residents, develops small businesses, and generates sustainable economic development.
New book from political economist and historian Gar Alperovitz, the co-founder of the Democracy Collaborative, outlines how we can democratize wealth and build a community sustaining economy from the ground up.
The Democracy Collaborative’s latest report, Hospitals Building Healthier Communities, provides an in-depth look at six hospitals in five cities that are rethinking their economic and community engagement strategies. These hospitals have recognized that health is more than just treating the patients that come through their doors and are beginning to adopt an “anchor institution mission” that can help build not only more prosperous, but also healthier communities.
This report from The Democracy Collaborative and the Department of Urban Studies and Planning at MIT focuses on the path-breaking Vision 2010 Program implemented in Cleveland and Northeast Ohio by University Hospitals System. Over a five year period, the initiative targeted more than $1 billion of procurement locally to create jobs, empower minority- and female-owned businesses, and create a “new normal” for responsible, community-focused business practices in the region.
Authored by Rita Axelroth Hodges and Steve Dubb as part of Michigan State University Press' series on Transformations in Higher Education, the book features ten in-depth cases and examines how universities, by pursuing an anchor institution mission to improve surrounding communities in cooperation with community partners, can positively impact the welfare of low-income residents.
How thousands of co-ops, worker-owned businesses, land trusts, and municipal enterprises are beginning to democratize the deep substructure of the American economy, with a new introduction by the author, Gar Alperovitz, and a new foreword by James Gustave Speth.
Co-published by two research centers of the University of California, Berkeley, this paper from the Democracy Collaborative explores the impact of anchor institutions on wealth building and job creation in low-income communities.
Bob Costanza and his coauthors, including Gar Alperovitz, aim to situate our material economy within a larger ecological framework, arguing for system changes including greater equitable distribution of capital and broad public control of the money supply.
Curbing carbon emissions requires far more than technical know-how. We must change not only our energy use and transportation practices, but also where and how we work and live. It also requires ending the commonplace economic practice of treating built communities as disposable items that can be abandoned when market conditions change.
The challenge is daunting. Yet it also presents an opportunity. Putting forth a vision of green community wealth building, in which community-anchored enterprises, linked to sophisticated and decentralized planning, support stable and sustainable local economies, this study outlines how truly integrated approaches can help America meet the sustainability challenge.
This Democracy Collaborative report provides the first comprehensive survey of community wealth building institutions in the green economy. Featuring ten cases, the report identifies how policy and philanthropy can build on these examples to create "green jobs you can own."