Community Wealth Building, a Superior Economic Development Model

TOPICAnchor Institutions and Community Wealth BuildingGUESTTed 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.Full Bio – http://democracycollaborative.org/content/ted-howardORGANIZATIONThe 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.orgFacebook – https://www.facebook.com/democracycollaborativeTwitter – https://twitter.com/democracycollabTAKEAWAY QUOTES“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.”RESOURCESThe Democracy CollaborativeThe Spy Who Saved ClevelandEvergreen CooperativesThe Cleveland FoundationThe Cleveland ClinicNew Partners for Smart Growth ConferenceLocal Government CommissionTHANKS FOR LISTENING Thanks so much for joining us. Have some feedback or an idea you’d like to share? Leave a note in the comment section below.If you enjoyed this episode, please subscribe and leave an honest review for Infinite Earth Radio on iTunes. Ratings and reviews are super helpful and greatly appreciated as it helps us expose this show to a wider audience – plus, we read each and every one of them!