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** Nonprofits and the Alternative Economy:
How We Must Envision the Economy as Ours
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Nonprofits often are formed to mend problems and “fill gaps” within a given system, but what if the overall economic and social structure is decaying? That is a central question that has animated NPQ’s economic justice work. In February, to deepen the conversation, we launched Economy Remix, in which NPQ senior editor Steve Dubb takes a spin around the economic neighborhood twice a month, both demystifying mainstream practices and shining a light on approaches that empower local communities. Below are a few of Steve’s columns.
Guest contributions on economic justice issues are also highly welcome. We have run a number of these, so please feel encouraged to comment or submit an article of your own.
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** Community Finance Leaders Seek to Lift Up the Delta ([link removed][UNIQID])
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Last month, Hope Enterprise Corporation celebrated its 25th anniversary by cohosting a conference that brought the Federal Reserve to the Mississippi Delta for the first time in the Fed’s 106-year-old history. The gathering is a testament to CDFIs’ extraordinary growth. But tremendous challenges in the nation’s rural Black Belt remain.
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** Can We Ditch Tax Incentives and Support True Economic Development? ([link removed][UNIQID])
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Economic development incentives cost states and localities up to $90 billion a year, often starving education and social services for resources in the process. Gradually, albeit far too slowly, the field is coming to recognize the folly of developing the local economy by throwing tax dollars at corporations.
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** Can ESOPs Make a Difference for Equity? New Research Findings Say Yes ([link removed][UNIQID])
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To date, few studies on employee stock ownership plan companies (ESOPs) have paid attention to race, in part because the sector has been largely white. But that is changing, and preliminary data suggests employee ownership can be very effective at building wealth in communities of color.
READ MORE » ([link removed][UNIQID])
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** Can A Veteran Player Achieve Transformational Change in Community Development? ([link removed][UNIQID])
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In this edition of Economy Remix, we ask, “What would a transformational approach to disaster recovery and community development look like?”
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** Can a New Labor Movement Arise in Our Changing Economic Times? ([link removed][UNIQID])
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Often taken for dead, labor in the past two years has shown that it has some life in it still. But if a sustained revival is to occur, labor will need to look very different than the unions of old.
READ MORE » ([link removed][UNIQID])
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