In cities across the nation, a few enjoy rising affluence while many struggle to get by. This situation is created in part by the practices of traditional economic development. Current trends threaten to worsen, unless we can answer the design challenge before us. Can we create an economic system — beginning at the local level — that builds the wealth and prosperity of everyone? The 20 cities profiled in this new Democracy Collaborative report include Portland, Oregon, and Seattle.
How do low-income communities learn to advance economically and build wealth? Low-income communities and communities of color, in challenging structural economic and social inequality, have historically grappled with tensions inherent to development. This report, authored by Keane Bhatt and Steve Dubb, draws on case studies of 11 different community economic development initiatives from across the United States to highlight a diverse set of powerful answers to these critical questions.