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Economic Democracy Weekly

Even when faced with setbacks, it is important to keep an eye on the prize and fight for the economy we deserve. Today’s Economic Democracy Weekly highlights a few perspectives on this theme. First, in the initial installment of a three-part series on Building Wealth for the Next Generation: The Promise of Baby Bonds, we offer a story on how child savings accounts from birth can dramatically reduce the racial wealth gap. Following that, we feature an article that calls for a refounding of a more inclusive, more prosperous United States. Next, we offer a story on the rise of provider-client jointly governed “social cooperatives” in Italy and Canada—and how that model could transform social service delivery if adopted in the United States. Lastly, we offer a webinar clip from a speaker who highlights the transformative effect of resident ownership in mobile home cooperatives.


Building an Economy with Purpose: The Transformative Potential of Baby Bonds

 
“Instead of reacting to inequality by redistributing wealth…policies like baby bonds ensure every child starts with a solid foundation.” Read more... 
 
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Why We Must Refound America on a Foundation of Equity

 
“The nation faces a crisis of civic order, so it requires a civic solution—just as this country experienced in the wake of the Civil War … and other crises.” Read more... 
 
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The Promise and the Power of Social Cooperatives

 
In Italy and in Quebec, social or solidarity co-ops that enable “clients” to be co-creators of services are now common. Might the United States follow their lead? Read more…
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Why Resident Ownership Matters

 
In the wake of a rush of investor capital acquiring manufactured housing lots, residents are forming co-ops to own the land and protect themselves. Watch the video and read more…
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