Report

Reducing Economic Inequality through Democratic Worker-Ownership

Shannon Rieger

Amongst developed nations, the U.S. is a leader in unequal income distribution. But according to a recent Century Foundation report on the role of worker-ownership models, this is a trend that can be changed. The author examines how a cohesive national regulatory framework, national tax incentives, a U.S. employee ownership bank, and increased support for employee-ownership technical assistance centers can bolster U.S. worker-buyout policy. In aligning regulatory, technical, and financial support for worker-cooperatives, the United States can bring scale to this key economic equalizer. 

Can Hospitals Heal America's Communities?

Ted Howard and Tyler Norris

Healthcare’s role in creating healthy communities through increasing access to quality care, research, and grantmaking is being complemented by a higher impact approach; hospitals and integrated health systems are increasingly stepping outside of their walls to address the social, economic, and environmental conditions that contribute to poor health outcomes, shortened lives, and higher costs in the first place.  

Healthcare Small Business Gap Analysis

Jessica Bonanno, Steve Dubb, and Ted Howard

Our newest report, Healthcare Small Business Gap Analysis, prepared in partnership with New Orleans based DMM & Associates on behalf of the New Orleans Business Alliance (NOLABA), outlines procurement practices and supply chain needs of New Orleans healthcare institutions and the capacity local business to fulfill those needs. The report provides recommendations on how to leverage New Orleans’ hospitals’ $1.5 billion in procurement spending to promote greater local procurement and economic inclusion in a city where only 48 percent of African American adult males are in the formal labor force. This report is based on interviews with nearly  50 representatives from area hospitals, additional anchor buyers, technical assistance organizations, small businesses, and other public stakeholders.

The Anchor Dashboard: Aligning Institutional Practice to Meet Low-Income Community Needs

Steve Dubb, Sarah McKinley and Ted Howard

This study seeks to introduce a framework that can assist anchor institutions in understanding their impact on the community and, in particular, their impact on the welfare of low-income children and families in those communities.

Download the report and learn more about our work to help anchors measure their impact on community wealth.

 

The Anchor Mission: Leveraging the Power of Anchor Institutions to Build Community Wealth

Farzana Serang, J. Phillip Thompson and Ted Howard

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.

Public Health & Wealth in Post-Bankruptcy Detroit

Suparana Bhaskaran
UC Berkeley

Published by the Haas Institute for a Fair and Inclusive Society at UC Berkeley, this new report discusses the relationship between health outcomes and wealth disparities in Detroit, Michigan. The authors detail how a lack of access to safe housing and water poses the greatest health threats to residents, and call for solutions outside the realm of clinical care. While noting the necessity of Medicaid expansion, the report calls for investments in the social determinants of health—including affordable housing and expanded social services.

Homeownership and the Racial Wealth Divide

Bill Emmons
Housing Market Perspectives

Written by Bill Emmons for the Federal Reserve Bank of St. Louis, Housing Market Perspectives explores how HOE accounted for almost half of Black and Latino's families wealth: 

Homeowners‘ equity (HOE)—the market value of residential real estate minus the value of homesecured debt—has long been the single largest component of wealth for black and Latino families.2 On average during the past quartercentury, HOE accounted for nearly half of black and Latino families‘ wealth, compared with roughly a third for Asian or other families and about a quarter for white families (Figure 1).3 During peaks in 1989 and around the financial crisis starting in 2007, HOE accounted for more than half of the wealth of the average black and Latino family

Opportunities for Public Procurement Post-Brexit

Matthew Jackson

This report published by the Centre for Local Economic Strategies (CLES), a UK-based think tank focused on progressive economics, discusses the potential to leverage public spending to build community health. The authors detail how local anchor institutions in Manchester and Preston have already re-directed a significant portion of their procurement to local businesses. The report includes recommendations for scaling this approach across the UK, calling for revised legislation that integrates the economic, social, and environmental value of procurement into public purchasing guidelines.

Gilded Giving

Institute for Policy Studies