Community Wealth Building Building community capacity can be very subjective and there definitely no, one size fits all and who would ever want that, but as Einstein once said..... "The definition of insanity is continuing to do the same thing and expecting a different result".
Too many people are facing rising poverty, inequality, and financial insecurity while the powerful few get wealthier.
Although rivers of wealth flow through local places, traditional economic development, focused on investment, diverts it, with profits and dividends often being extracted by investors. Community Wealth Building is an alternative; it is a collaborative approach that builds locally controlled economies that put communities first.
If this video from our Collaborative partners at CLES resonates with you, then you are in the right place, heading in the same direction with many of us.
Economic development professionals and mayors are working in partnership with foundations, anchor institutions, unions, community organisations, progressive business networks, workers, and community residents.
What’s emerging is a systems approach to creating an inclusive, sustainable economy where all can thrive.
The work is place-based, fed by the power of anchor institutions, and built on locally rooted and broadly held ownership. It’s about Building Community Wealth powered by Economically Sustainable Social Enterprises and Co-operatives.
Kommuniti HQ - A Profit for Purpose Social Enterprise
We have only just begun facilitating the many meetups, workshops and events we have planned in Australia and are constantly gathering new information, so please be patient as we expand our Kommuniti, locally in Perth, Western Australia, across the state and across the country.
Kommuniti has many references and resources that it draws from and is collaborating with many organisations who have the same aim, to bring the Trust back into Democracy, Create Localised Economies, that live on the Doughnut.