Community and Economic Development

The Economic Democracy Training Series is a joint project between the Bronx Cooperative Development Initiative and the MIT Community Innovators Lab. This 10-session, 20-hour series of workshops will introduce community members, residents, youth, and community leaders to major concepts in economic development, political economy, and, most importantly, economic democracy.

This resource is intended to give small business support organizations a background on how the worker cooperative model can help entrepreneurs reach their dreams.

Worker cooperatives have increasingly drawn attention from the media, policy makers and academics in recent years. Individual cooperatives across the country have been highlighted, and substantive studies have been conducted of the worker cooperative experience in other countries, including Spain, Italy, France, Canada and Argentina. But what do we know about worker cooperatives in the US as a whole?

This research paper summarizes an examination of the National Establishment Time Series (NETS) dataset for North Carolina and Iowa to gauge the potential for conversions of existing businesses to worker cooperatives. The data demonstrate that the potential is quite large, and that even if only a fraction of these successfully converted to worker ownership and continued to operate at their last year levels, there would be meaningful economic impacts. 

The Democracy at Work Institute/USFWC Press Kit includes information about worker cooperatives, why they are important, examples of existing cooperatives and development organizations, city government initiatives, frequently asked questions, and more.

Worker cooperatives are a powerful tool for economic and community development. This resource describes their role in creating a more just economy. It provides an overview of the benefits of the cooperative form, with examples of existing cooperatives and quotes from worker-owners. The resource also describes current initiatives to develop cooperatives by nonprofits, as well as government initiatives to spur the growth of the sector. 

Cities are built for sharing. It’s what makes cities engines of prosperity, in­novation, and cultural exchange. Well connected cities have the unique capacity to raise per capita production and innovation while using dra­matically less energy. For this reason, cities may be our best hope for achieving widespread prosperity within the earth’s natural limits. We believe that fostering the growth of the sharing economy is the single most important thing that city governments can do to boost prosperity and resilience in times of economic crisis and climate change.