In Wealth Inequality and The Fallacies of Impact Investing, Rodney Foxworth writes that if we’re truly motivated to deconstruct the wealth inequalities that have ravaged and extracted wealth from rural, indigenous, and majority people of color communities, then we must rid ourselves of the power dynamics, biases, and culture that got us here in the first place.
Capitalism is Not the Only Choice, by Penn Loh in YES! Magazine. When everything that we label “economic” is assumed to be capitalist—transactional and market-driven—then it is no wonder that we run short on imagination. What if, instead, economy is all the ways that we meet our material needs and care for each other? Beneath the official capitalist economy are all sorts of thriving non-capitalist economies, where there may not be a profit motive or market exchange.
The Road to Zero Wealth, by Prosperity Now and the Institute for Policy Studies, examines Federal Reserve data over a 30-year period (1983-2013) to understand the growing racial wealth divide facing Black and Latino households at the median, and explores the ways that accelerating declines in wealth for these communities are impacting the American middle class.
The Impact Terms Project was created to encourage the growth of impact investing around the world by helping people learn from and build on the experience of pioneers in the field. Their ambition is to make ITP a library of real-world knowledge and expertise on structuring impact investments and enterprises.
Tackling the Law, Together: A Legal Guide to Worker Cooperatives Generally and in Massachusetts is a report produced by the Community Enterprise Project of the Harvard Transaction Law Clinic, Boston Center for Community Ownership, Greater Boston Legal Services and Sustainable Economies Law Center that covers legal aspects of worker cooperatives, cooperative conversions, and financing.
Capital Compass Tool from the New Hampshire Community Loan Fund helps entrepreneurs figure out what kind of capital they need.
In The Wall Street Journal’s The Payoff of Investing Locally, Boston Impact Initiative’s founding partner Deborah Frieze and other investors talk about why it matters to invest in their local communities.
Strategies for Financing the Inclusive Economy by The Democracy Collaborative is a report that shares financing strategies and case studies of efforts to create broad-based ownership models for job generation and building community wealth in the areas of employee stock ownership plans, social enterprise, hybrid enterprises, and municipal enterprises.
What happens when social movements work together to reclaim economic power? This report, commissioned by the Solidarity Economy Initiative, highlights groundbreaking grassroots efforts to restore economic power to communities of color: Solidarity Rising in Massachusetts: How Solidarity Economy Movement is Emerging in Lower Income Communities of Color
Turning the Global Economy into Connected Communities in The Guardian profiles BALLE founder and the vision of localizing economies in response to broken relationships resulting from economic globalization and corporate gigantism.