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Dear Colleague,


Welcome to our June www.Community-Wealth.org newsletter. This month’s developments include:
  • Live in the DC metropolitan area? Join us today, June 3, at 6:30 pm at Impact Hub DC (419 7th Street NW) for the book launch of Collective Courage, a history of the African American cooperative movement, written by Dr. Jessica Gordon Nembhard, professor at the City University of New York and leading co-op scholar and activist.
  • The economic development dimension of anchor institutions continues to be an important focus of our work. Tomorrow, June 4, I participate in a plenary panel on “Cleveland’s Anchor Institution Framework” at the CleanMed 2014 national conference. Other panelists include leaders from University Hospitals, Cleveland Clinic, the Cleveland Foundation, and the City of Cleveland. This Thursday, June 5, I discuss best practice approaches for measuring the impact of anchor institutions in a free webinar, hosted by the Initiative for a Competitive Inner City (ICIC).      
As always, we continue to add new links, articles, reports, and other materials to the site. Look for this symbol *NEW* to find the most recent additions.

Ted Howard
Executive Director, The Democracy Collaborative

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In this Newsletter:



New from the Democracy Collaborative



Recommended Reads




Featured Websites


 

On our Blog:



Building Community Wealth across the Pond



Boulder Sets Sights on Climate Change and Xcel Energy with Formation of Municipal Utility



Measuring Anchor Impact: Q&A with Ted Howard



Can Anchor Organizations Measure Enlightened Self-Interest?





 

New from The Democracy Collaborative

Report Outlines Promise of Worker Cooperatives


The Democracy Collaborative is pleased to announce the release of Worker Cooperatives: Pathways to Scale, written by co-op development practitioner Hilary Abell. Tailored for those in the early-to mid-stages of co-op development, as well as funders and field builders, the paper provides a deeper understanding of the worker cooperative model and outlines a strategic approach to broaden the movement. Drawing on interviews from 18 cooperative leaders and community economic development practitioners, Worker Cooperatives: Pathway to Scale sets the stage for the next phase of worker cooperative development and community wealth building. Find Out More»
 

Recommended Reads


Paper Offers Stakeholder Financing Approaches to Keep Wealth Local 
 

Democracy Collaborative Senior Fellow and Director of Special Projects Marjorie Kelly offers a comprehensive framework of community investing, ownership, and wealth control models to enhance the social, ecological, and economic well-being of rural areas. Clearly articulating the challenges involved with "stakeholder financing," the report outlines how to channel the necessary capital into the creation of integrated community-sustaining value chains. Read More»


 


Book Outlines a Shared Vision for a Sustainable Future 

 

Gar Alperovitz and Democracy Collaborative Senior Fellow James Gustave Speth have chapters in a new anthology, edited by leading environmental studies scholars Robert Costanza and Ida Kubiszewski. With contributions from over 40 thought leaders in the field of sustainable development, the anthology advances a shared vision of sustainability and establishes priorities for the transition to an ecologically, economically, and socially sustainable future. Read More»



Financial Institutions Support Healthy Communities
 

 

“There is a symbiotic relationship between the health and resilience of a country’s economy, and the health and resilience of a country’s people,” notes Richard Fisher, President of the Federal Reserve Bank of Dallas, in his introductory remarks. In this paper, Dallas Fed economist Elizabeth Sobel-Blum shows ways for banks to meet Community Reinvestment Act (CRA) obligations by working with communities to leverage neighborhood assets and reduce health disparities. Read More»


Impact Investing Bolsters Community Wealth Building Enterprises
 

In this new book, Rockefeller Foundation president Judith Rodin and Nathan Cummings Fellow Margot Brandenburg make the case for impact investing as an alternative to traditional investing and philanthropy. Intended as a primer for investors, foundations, and others wishing to broaden their social and environmental impact, the book highlights opportunities to invest for social good around the world.  Read More»

Featured Websites


Southern Grassroots Economies
 

Informed by the Mondragón worker cooperative model and social justice movements, Southern Grassroots Economies aims to build democratic ownership in the U.S. South. To support the development of cooperatives and community-based enterprises, the organization, which has played a support role in co-op development in Jackson, Mississippi, offers substantial resource materials from it's 2012 and 2013 conferences. Find Out More»


Stakeholder Health
 


This peer-led learning collaborative offers resources for hospital health system professionals developing place-based strategies to reduce health disparities. The website provides case studies and other reference materials to help health systems conduct community asset mapping, partner with diverse stakeholders, and operationalize investments for community benefit. Find Out More»

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