Building the Democratic Economy, from Preston to Cleveland
Two forms of government have dominated in the west over the last 100 years. In one big power is vested in the state, the government, in the other policy is dominated by the influence of big industry, big corporations, or big money. Well 100 years after the Russian revolution, and 10 years after the financial crash, a whole lot of people all around the world are asking, “Are there any alternatives?” especially as neither of those models has delivered on a promise of shared prosperity.
In Preston, Lancashire, England, a formerly industrial city, the birthplace of the industrial revolution in many ways, they’ve seen 10 years of austerity, and partly out of need, and partly out of aspiration they’re practicing, experimenting, with a new model. They’re calling it the Preston model of community wealth building, and it has inspired by a model in another formerly industrialized city: Cleveland, Ohio, the Evergreen Cooperative model. On today’s program a transatlantic experiment in cooperative community wealth building.
This episode is co-produced with the Democracy Collaborative and the Laura Flanders Show.