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A more equitable approach to economic development
Community Wealth Building is an approach to local economic development that keeps wealth circulating within communities instead of flowing outward to distant shareholders or global corporations.
It shifts the question from “How do we grow the economy?” to “Who benefits from the economy we already have?”
Our approach to community wealth building
Local ownership and shared prosperity
Cooperatives, community‑owned enterprises and assets and locally rooted businesses ensure that value created in a place stays in that place.Anchor institutions as partners
Place‑based institutions such as hospitals, educational institutions, public and social service agencies use their hiring, procurement, funds and social capital to enable and support local people and enterprises.Fair work and inclusive employment
Stable, dignified jobs with real pathways for advancement and equitable ownership, especially for groups often excluded from opportunity.Democratic control of resources
Workers have an equal say (and vote) in how decisions are made, how assets in an enterprise are governed and how value is shared.Circulating wealth rather than extracting it
Money, skills, and opportunities are recirculated locally through mutual help groups and community networks.
We envision communities as active stewards of their own wellbeing, not passive recipients of external economic forces.
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