Video Courtesty of TEDxTalks
Cleveland, often ranked one of the top five poorest cities in the U.S., has produced a model for creating a sustainable economy and revitalizing suffering neighborhoods. The goal is not just to create jobs, but also to build wealth and anchor capital in the local communities.
The Evergreen Cooperative creates for-profit green companies that are owned on a cooperative model. Employees own a stake in the company and have the opportunity to build equity and long-term careers. The companies hire from the surrounding communities thereby reinvesting in and building up the local economy.
David Korten: What America's current movement against corporate power can learn from that time we overthrew a king.
After the death throes of urban decay, what the Motor City can teach us about vision, community, and the power of movements.
We can't go back, and we really don't want to. We're witnessing the birth of something better: a new economy where livelihoods that are just, sustainable, and meaningful will be available to all.