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Community Wealth Building? What is it and Why is it so Important?
South Puget Sound Community College
Olympia, WA
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This forum will ask, "What can be done?"  

Community wealth building addresses some of the essential elements of a more just, equitable and sustainable system.  

Community Wealth Building refers to local talent, capacity and institutions, rebuilding capital to strengthen and create locally-owned family and community-owned businesses.

Strengthening Communities
Community wealth building is a fast-growing economic development movement that strengthens communities through broader democratic ownership and control of business and jobs. It builds on local talents, capacities and institutions, rebuilding capital to strengthen and create locally-owned family and community owned businesses that are anchored in place, that aren't moving.

When families possess assets  valuable skills, social networks, a home, some savings, an ownership stake in a business  they enjoy greater resilience. They can plan for their future, send a child to college, and feel secure in retirement. If traditional economic development tends to be about attracting industry to a community, building wealth is about using under-utilized local assets to make a community more vibrant. It's about developing assets in such a way that the wealth stays local. And the aim is helping families and communities control their own economic destiny.

Supreme Court Justice Louis Brandeis warned "We can either have democracy in this country or we can have great wealth concentrated in the hands of a few, but we can't have both."
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This event sponsored collaboratively by: The Community Foundation of South Puget Sound, Enterprise for Equity, Thurston County Economic Development Council

Location

South Puget Sound Community College (View)
Student Union Building (SUB), 2011 Mottman Road Southwest
Olympia, WA 98512
United States
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Categories

Education > Business
Other > Green

Dog Friendly: No
Non-Smoking: Yes!
Wheelchair Accessible: Yes!

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