Community Wealth Building: An Economic Reset

Low wages, precarious jobs, shuttered Main Streets and bleak futures — do towns have a way out of poverty that doesn't involve begging and bribing outside employers to invest?  From Cleveland, Ohio to Preston, England and Scotland, some local governments are experimenting with investing public resources locally in community-held businesses, and public health. They’re calling this approach Community Wealth Building, and it’s gaining traction around the world. Most recently, the US Department of Housing and Urban Development (HUD) has included money for Community Wealth Building in the Biden Administration's National Strategic Plan. In today’s episode, we explore the spreading of Community Wealth Building and its impact on the well-being of individuals and communities so far. How are these models working where others have failed, and is now the time to take Community Wealth Building to a whole new scale? “There's something in the spirit of this that frankly can appeal to both liberals and conservatives. It's really about making a place for our community, and making it a healthy place.” - Ted Howard“If we do not fix this issue . . . we're going to continue to see the kind of poverty, the disinvestment, the rich getting richer, the poor getting poorer, and this is just unacceptable.” - India Pierce Lee“This is not just a small pilot project here and there. This is about rewiring the economic system for social, economic and ecological justice.” - Neil McInroyGuests:Ted Howard, Co-founder & President, The Democracy CollaborativeIndia Pierce Lee, Senior Vice President, Program at the Cleveland FoundationNeil McInroy, Advisor of Community Wealth Building, Scottish Government We are listener & viewer sponsored. Full episode notes including related articles and LFShow episodes to watch and/or listen to are posted at https://Patreon.com/theLFShow. Patreon  Members receive access to the FULL UNCUT CONVERSATION.  The show airs on 300+ Public Television households across the U.S., on over 40 community radio stations and as a podcast.  Laura Flanders and Friends Crew: Laura Flanders-Executive Producer, Writer; Sabrina Artel-Supervising Producer; Jeremiah Cothren-Senior Producer; Veronica Delgado-Video Editor, Janet Hernandez-Communications Director; Jeannie Hopper-Audio Director, Podcast & Radio Producer, Audio Editor, Sound Design, Narrator; Sarah Miller-Development Director, Nat Needham-Editor, Graphic Design emeritus; David Neuman-Senior Video Editor, and Rory O’Conner-Senior Consulting Producer. FOLLOW Laura Flanders and FriendsInstagram: https://www.instagram.com/lauraflandersandfriends/Blueky: https://bsky.app/profile/lfandfriends.bsky.socialFacebook: https://www.facebook.com/LauraFlandersAndFriends/Tiktok: https://www.tiktok.com/@lauraflandersandfriendsYouTube: https://www.youtube.com/channel/UCFLRxVeYcB1H7DbuYZQG-lgLinkedin: https://www.linkedin.com/company/lauraflandersandfriendsPatreon: https://www.patreon.com/lauraflandersandfriendsACCESSIBILITY - The broadcast edition of this episode is available with closed captioned by clicking here for our YouTube Channel