From capitalism to community wealth: - Building new economies in Wales

In the past, industries such as coal and slate Increasingly, people want to build a different kind of devastated the environment and blighted lives, while economy – one in which the wealth they create is the profits were enjoyed by mine and quarry owners. [...] In particular it aims to make better use of the natural environment, develop and take on community assets that enhance employment, health and well-being and help build the capacity of community groups and individuals. [...] 19 Ownership matters The ownership of a business – and hence who retains and shares in the profits generated – is fundamental to the long-term prosperity of people in Wales. [...] Underpinning the success of community enterprise in Cooperation and networking Blaenau Ffestiniog is a powerful world view: one which is based on self-help, the interdependence Businesses of all kinds know the value of cooperation and between a successful local economy and a thriving networking. [...] UnLtd - Advice and support for social entrepreneurs Social Business Wales - cialbusinesswales 23 Acknowledgements and thanks The Bevan Foundation gratefully acknowledges the financial support of the Barry Amiel and Norman Melburn Trust and the Lipman Miliband Trust towards the costs of this project.