Community Wealth Building, a Superior Economic Development Model
Anchor Institutions and Community Wealth Building
Ted Howard is the co-founder and Executive Director of The Democracy Collaborative at the University of Maryland. In July 2010, Mr. Howard was appointed the Steven Minter Senior Fellow for Social Justice at The Cleveland Foundation where he was a member of a team that developed the comprehensive job creation and wealth building strategy, which resulted in the Evergreen Cooperatives Initiative.
The Democracy Collaborative is a national leader in equitable, inclusive and sustainable development through their Community Wealth Building Initiative. This initiative sustains a wide range of Advisory, Research and Field Building activities designed to transform the practice of community/economic development in the United States.
Website – http://democracycollaborative.org
Twitter – https://twitter.com/democracycollab
“Rooting wealth in communities is the future of economic development in America”
“Ownership and control of capital is a key determinant of power in any economic system”
“There are 50 million or more people living in poverty in the US.”
“For profit with a social mission and a broadly shared ownership structure – that is what community wealth building is about.”
“A job alone is not enough…how do you create assets in addition to income.”
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