Community Wealth Blog

As part of the Rethinking Communities’ Initiative, the Roosevelt Institute|Campus Network launched The Anchor Institution Challenge, a nationwide project designed to help students understand their university's impact on surrounding communities.

While the words “co-op” and “civil rights” do not commonly appear in the same sentence, with more than 300 cooperative and social justice activists gathered in Jackson, Mississippi, last weekend, the question was hard to avoid.

Join us for a special book launch event on Tuesday, June 3rd to learn about the history of African American cooperative economics from a leading co-op scholar/activist, and hear local updates on ONE DC's Black Worker's Center and Impact Hub DC's worker cooperative incubator. 

The Democracy Collaborative recently sat down with Alan Smith of the Roosevelt Institute Campus Network to talk about their new Rethinking Communities Initiative. Inspired by the legacy of Franklin and Eleanor Roosevelt, the Roosevelt Institute promotes the work of progressive economist and social policy thinkers and supports the next generation of leaders as they design solutions to current pressing issues.

Last week, the National Community Reinvestment Coalition (NCRC) hosted its annual conference in Washington, DC. Entitled “A Just Economy: Ideas, Action, Impact,” the conference brought together nearly 800 community-based practitioners and policymakers to discuss responsible community investment and share strategies to ensure equal access to credit, capital, housing, jobs, and banking services.

Community land trusts are a key strategy for helping low-income communities build assets through home ownership while mitigating the destructive consequences of irrational, speculation-fueled housing markets. Our new infographic highlights the mechanism behind the community land trust.

Over the course of a 12-week period, the Intern will work closely with our Communications Coordinator to conceptualize, script, design, and produce three 2-5 minute animated features which explain and explore aspects of our models for transformative community wealth building. 

Although the notion of building wealth through home ownership has taken a beating in recent years due to the Great Recession, ownership more broadly is still seen as a key factor in building wealth. So says the Greenlining Institute. So finds a recent study authored by Thomas Shapiro and colleagues at Brandeis University’s Institute on Assets and Social Policy.

Chokwe Lumumba, a long-time civil rights activist and the newly elected mayor of Jackson, died yesterday, just weeks before the "Jackson Rising" conference–the launch of an ambitious plan to localize and democratize the city's economy–was scheduled to take place (We understand that the conference will proceed as planned).  Our hearts are with the people of Jackson at this tragic moment.

Just released by the Cleveland Foundation, the new report Cleveland's Greater University Circle Initiative: Building a 21st Century City through the Power of Anchor Institution Collaboration provides a thorough overview of a long-term partnership among some of the city's key anchor institutions to foster inclusive, place-based community economic development.

2013 was a good year to become a worker-owned company. Although just a selection of some of the newest worker-owners on the block, we highlight 17 new and existing businesses that were founded as or transitioned into worker-ownership in 2013. If these businesses are local to you, we encourage you to support and welcome your newly worker-owned neighbors.

As we mentioned in our January newsletter, Marjorie Kelly has joined the Democracy Collaborative as a Senior Fellow and Director of Advisory Services. Previously, Marjorie was a Fellow with the Tellus Institute in Boston, where she led a variety of consulting and research projects, including co-founding Corporation 20/20, a five-year initiative that brought together hundreds of leaders from business, finance, civil society, and law to explore how to redesign corporations to integrate social and environmental concerns into their governing DNA.