Community Banks are Local Fountains of Money; We Have to Restore Them

When someone like Oscar Perry Abello, one of a small handful of journalists with deep and broad knowledge of the important innovative solutions to systemic economic justice, finally decides to write a book, my first question is why it’s not about those new things that are delivering economic power to those who have been historically […]

A Neighborhood Economy

This past week, my wife Donna and I were able to go back to Atlanta where we spent seventeen years of our lives. Our grandchild lives there, it’s where our oldest children were raised, and where our two oldest sons and daughter-in-law still live and work. Did I mention our grandchild lives there? Tuesday morning, I […]

Solutions to Repair Local Economies are Starting to Replicate

Mixed Income Neighborhood Trusts, or MINTS, were a brand new concept three years ago, but Trust Neighborhoods has quickly grown from two buildings in one city to 170 residences in five cities. MINTS are a rare economic justice innovation that found the right inflection point in the system at just the right point to halt […]

Finding the Catalytic Philanthropy to Help Black Funds Scale

The influential Aspen Institute has decided that the goal of their Future of Wealth initiative is to see Black family wealth grow ten-fold over the next twenty-five years. This would bridge a significant chunk out of the racial wealth gap; the average white family has 10x the assets of the average Black family. Aspen’s grounding […]

Watershed Fund is Thriving in Asheville

Kevin Jones We’ve raised a year of operating capital to launch The Watershed Fund, https://emsdcmarketplace.org/donations/watershed-fund/ which offers zero interest loans to local farmers serving our farm-to-table sector in Asheville. The connections and reciprocity within our food systems are already proving to be one of the surprising benefits. With the Watershed Fund, https://neighborhoodeconomics.org/wiki/index.php/Initial_design_of_the_Watershed_Fund what we are […]

Let Justice (and Capital) Roll Down in Jackson

Dave Kresta After spending the morning touring the Mississippi Civil Rights Museum in Jackson on a recent Sunday morning, I was in an understandably somber mood. I was shocked out of my disgust and confusion when later that afternoon I attended the Working Together Jackson “Refounding Convention,” where over 500 energized and engaged community leaders […]