Fostering resilient communities and building wealth in today’s local economies is necessary to achieve individual, regional, and national economic security. A community wealth building strategy employs a range of forms of community ownership and asset building strategies to build wealth in low-income communities. In so doing, community wealth building bolsters the ability of communities and individuals to increase asset ownership, anchor jobs locally, expand the provision of public services, and ensure local economic stability.
In this Next System Project second official report, project co-chair, and NEC co-founder, James Gustave Speth details the steps that must be taken to change the status quo of the political-economic system.
In an era of persistent urban inequality and chronic unemployment disproportionately impacting historically marginalized communities and communities of color, new alternatives to the traditional economic development strategies that have failed to bring broad and evenly distributed prosperity to America's cities are clearly needed. The Democracy Collaborative's new report, Cities Building Community Wealth, responds to this challenge by highlighting best practices in inclusive innovation from twenty cities across the country, and offering a unified vision of the underlying new paradigm of community focused economic development.
How can ordinary community members begin catalyzing a local conversation around building a stronger, more equitable local economy? How can you leverage volunteer power, public resources, and in-kind sponsorships to convene a community wealth building summit? In this new whitepaper from the Democracy Collaborative's Community Wealth Innovators Series, Justine Porter maps out how she and her grassroots team pulled this kind of powerful event together in Poughkeepsie, New York—and highlights the lessons learned so that you can benefit from their experience in planning your own community wealth building summit in your community.
Cuba has been transforming its economic model since 2011, and re-established relations with the U.S. in 2014. By engaging in an active question and answer format this CommonBound 2014 workshop explores what these profound changes mean for a socialist economy and the challenges of protecting the social gains of the Cuban revolution while creating a more robust, efficient economy.
If our movements are serious about changing the system, what are the strategies that get us from here to there? We know this work is about more than just building projects or winning elections. It’s about governing society for the benefit of all and implementing our visions for the economy at all levels. With that in mind, what do we need to shift in our thinking for our movements to succeed? What are we not doing enough of? What are we doing too much of? What are the opportunities in front of us in this particular historical moment? This CommonBound 2014 closing plenary reflects on these questions with a powerful line-up of community leaders who bring their diverse and broad experiences to the table.
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.
This paper, released in the wake of the 2015 Paris climate talks, argues that globalization, the deregulation of trade and finance through free trade treaties, is the driving force behind climate change. As a result, the climate problem can only be tackled effectively if governments stop subsidizing globalization, and pursue localization instead.
Planet Local is Local Futures' project to highlight and catalog the diverse examples of localization springing up all over the planet. Our examples listed range from local business and finance to local food, health, community rights, place-based education, energy, eco-communities, and more.
From trade to finance, from food to climate, from education to energy, the negative impacts of globalization have affected every part of the world's economies. This report summarizes those impacts, and provides a detailed listing of policy shifts and grassroots initiatives that can move the world towards the local.