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3 Ways To Have Economic Success Without Greedy Corporations and Huge Wealth Disparities

Some business communities have achieved significant impact and scale, broadly distributing wealth rather than concentrating it.

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Building upon the foundation of economic democracy we have already developed in the US is our best hope of restraining the negative forces of the marketplace that have been unleashed to generate increasing environmental devastation, social inequity and the end of democracy as we were as a country founded to practice.

Cooperatively owned and democratically managed business provide our citizens with what is often their first real experience of democracy, an experience that hopefully they will then bring into life outside work and an increasing engagement with civic life.

Resources and examples abound to support the development of economic democracy; however, a central organizing entity has yet to emerge in the US. Worker cooperatives remain separate from producer cooperatives and cooperatives in general don't see their natural alignment with ESOPs and even not-for-profits.

Building on the foundation that already exists to create a social, economic and political movement is perhaps the greatest opportunity that lies ahead.

For more information, visit CommunityWealth.organd American Sustainable Business Council

Jeffrey Hollender is co-founder and former CEO of Seventh Generation. He is the author of "The Responsibility Revolution: How the Next Generation of Businesses Will Win," and five other books. He is a board member of Greenpeace US and Verite and co-founder of the American Sustainable Business Council. To learn more visit his website or Twitter (@jeffhollender).

 
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