This report offers an in-depth exploration of Community Wealth Building (CWB) as a transformative economic development model designed to create democratic ownership and control of local assets. It emphasizes the need to address the persistent inequality and disinvestment in U.S. cities, particularly in communities of color that have been historically marginalized.
The report explains how CWB integrates progressive elements such as worker cooperatives, community land trusts, and public banking into a cohesive system that can be scaled across entire cities. It provides insights from various case studies, including Chicago’s strategy for economic recovery and efforts to combat wealth inequality through inclusive enterprise ownership and local investment. The authors argue that CWB offers an alternative to traditional economic development models by retaining and circulating wealth within communities, creating equitable economic systems.
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- Pages
- 20
- Published in
- United States of America
