Shared Capital CooperativeThe Working World

Yes – 6 Ways We’re Already Leading an Economic Revolution

From Yes Magazine:

Worker-cooperative advocates are building a parallel ecosystem of this kind all across the country. Cooperative development projects like the Wellspring Collaborative in Springfield, Massachusetts, and the CERO cooperative in Boston are creating exciting new crowdfunding mechanisms to help communities launch democratic enterprises. Organizations like The Working World and the Shared Capital Cooperative are building national networks to channel financial resources into the cooperative economy, creating diversified opportunities in which both institutions and individuals can invest. In cities like New York, Madison, Wisconsin, and Rochester, New York, municipal funding is now being used to support the work of cooperative developers focusing on creating worker-owned businesses in low-income communities. There is no reason why every city and town’s existing infrastructure for helping small businesses cannot be turned toward democratic alternatives, and the more this happens, the easier it becomes to make the case to community stakeholders and policymakers.

Read the full article at:

https://www.yesmagazine.org/new-economy/6-ways-were-already-leading-an-economic-revolution-20160907