Cooperative initiatives in cities across the world are strengthening worker pay, local economies and democracy.
, which was active in Preston, is now working with dozens of local authorities, anchor institutions, and U.K. nations to develop community wealth building approaches that are appropriate to the context of their place. At the same time, it is also supporting similar efforts across Europe and as far afield as Australia and New Zealand.Back in the U.S.
CCWB’s three-pronged strategy is modeled on the Evergreen co-ops: democratize ownership through worker co-ops, strengthen entrepreneurial opportunities for people of color and encourage anchor institutions to become local economic engines. To help the University of Denver shift its spending on catering from national chains, for example, CCWB organized a tasting event where over a hundred university event planners met and began building relationships with 11 community caterers.
We can use the analogy of water to think about how money moves in an economy. One model is like a storm water system, efficiently gathering water from many small sources, with the goal of consolidation and steady movement toward a central location. A very different model is like a little stream meandering through a wetland, cleansing and nourishing everything it touches — an integral part of the ecosystem, not trying to get anywhere else.
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