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Catalyzing worker co-ops & the solidarity economy

Where next for the New Economy movement?

In late May of 2018, the Buffalo city council agreed to a strategic plan that gives residents on Buffalo’s East Side a meaningful voice in how their neighborhood will be developed. The council transferred up to 20 vacant lots to the Fruit Belt Community Land Trust, a nonprofit that will manage the property and keep housing prices affordable for those who need it most. They also agreed to give nearby homeowners the option to buy other vacant parcels.

This victory was the result of years of community organizing by local residents who were determined to take action in the face of the gentrification of their neighborhood. The long-term goal is “development without displacement,” attracting new jobs and building new housing but not at the expense of the existing residents who call the Fruit Belt home.

The Fruit Belt Community Land Trust is just one of thousands of stories of people who are organizing to build what many call “economic alternatives.” But lots of people working on these “alternatives” in the US “new economy movement” reject that framing because they aren’t interested in staying in the margins. Instead, their goal is to transform the system, not create a niche alternative for a small number of people. The new economy wants to be theeconomy, but how?

Read the rest at openDemocracy

 

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