Community Development Credit Unions have long been working for racial justice and innovating in economic justice. Part of the larger community development finance institution (CDFI) movement, these institutions are today boldly lending to undocumented immigrants, fighting predatory lending, preserving historic Black and farmworker CUs, financing worker coops and land trusts, and building partnerships to fund the new economy. Part history lesson, part show and tell, and part participatory debate, three practitioners from the field lead a session to engage participants in how they might access, build, challenge and partner with CDFIs in their own geographies to sustain the new economy.
How can we assure that the material resources and tools are available to communities to meet their needs and elevate the quality of life? This panel explores the movement to create democratic sources of financing to enable communities to build a democratic, just and sustainable economy. Leaders discuss the role of finance, fundamentals of non-extractive finance, and principles being used to develop a financial cooperative nationally, in close connection to grassroots front-line communities.The panel will use concrete examples of existing models.
View the recordings of these online discussions, organized by Local Futures, which address key issues in the debate around economic globalization and localization - from food and energy to education, trade, and the role of activists. Guests include Bill McKibben, Charles Eisenstein, Richard Heinberg, Manish Jain, Michael Shuman, and more.
Want to understand the alternatives to business as usual? We know the current system does exactly what it was designed to do: line corporate pockets at the expense of real people’s health and livelihoods, destroying the environment while fueling the war machine. But we also know that another world is possible. Many models for radically different, sustainable, inclusive and democratic societies exist and this CommonBound workshop features a few of their proponents to present their ideas, debate the options and answer questions about what a better world looks like in detail.
Cities should align their procurement practices with policy goals to encourage community wealth-building while creating high-quality jobs for local residents. This CommonBound 2016 Panel features organizers and local government leaders applying these principles.
The new economy is rich in experiments and examples, but can these various efforts actually build up to challenge, displace, and ultimately replace our current economic system? Three panelists explore ambitious yet pragmatic strategies over the long term for our organizing, activism, and institutional development. Clear, articulated theories of change can better guide the movement to boldly transform corporate capitalism and create a just and sustainable future.
For too long public policy has rigged the market to favor big corporations, undermining small, locally owned businesses, especially those launched by women and people of color. Now local businesses and activists across the country are working to change the rules to instead support community enterprises. In this CommonBound 2016 workshop leaders of these efforts look at how cities and states can expand financing for local businesses, keep commercial space affordable, end corporate subsidies, better support entrepreneurs of color, and more.
This plenary panel from CommonBound 2016 features leaders in Buffalo, NY's vibrant New Economy Movement discussing their work and vision for a just and sustainable city.
As the online "sharing economy" devolves into poor labor conditions and monopolistic practices, the concept of "platform cooperativism" offers a hopeful vision for a more democratic online economy. This new wave of entrepreneurs, investors, and business developers are merging offline cooperative economics with the Internet in creative ways. In this CommonBound 2016 workshop, leaders discuss how far this emergent movement has come, and explore some of the challenges it faces in the struggle for the future of the online platforms we increasingly depend on.
Outside of the US, there are a number of powerful examples of new economies at scale. This CommonBound 2016 plenary panel looks at a few of those international stories as we explore what economic democracy can look like at the level of a city, state, region, nation — and world. From Italy and Quebec to Cuba and El Salvador.