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Date: 2025-07-03 Page is: DBtxt003.php txt00026474

COMMUNITY WEALTH BUILDING BUILDING FROM THE BOTTOM UP Community wealth building ... CLES - Centre for Local Economic Strategies Original article: https://www.youtube.com/watch?v=LNVfKpVlyvY&t=52s Peter Burgess COMMENTARY Peter Burgess
Community wealth building CLES - Centre for Local Economic Strategies Jan 8, 2020 301 subscribers ... 5,036 views ... 37 likes Our economy is not working well. But there is no shortage of wealth. The five richest families in the UK own more wealth than the poorest 13 million people. We need a change. Community wealth building is that change. 🔗 cles.org.uk/centreofexcellence 🔗 Transcript [Music] our economy is not working well for people places or the planet wages are low and work is insecure poverty is on the rise inequality between rich and poor is growing and our fossil fuel based economy is threatening the planet but here is no shortage of wealth the world's eight richest men have as much money as the poorest 50 percent of the planet's population and in the UK the five richest families are more wealth than the poorest 13 million people we have a wealth problem where wealth goes who gets it and who creates it shapes our places and our lives we need a change community wealth Lordan represents that change it's about building up our everyday economy bringing wealth back home to people and communities whilst caring for the planet this is common sense economics it's common sense for an economy to deliver well-being for as many people as possible it's common sense for wealth to be enjoyed by everyone it's common sense for an economy to nurture the planet so how do we build community wealth: number 1 ... we need to make our local labor market just ... not unfair - 2 ... we need to change how public institutions spend ... so it grows enterprises and benefits communities 3 ... we need to make sure that the land and property in our communities generates wealth for the people who live there 4 ... we need to create an inclusive economy with more democratic and social forms of ownership and 5 ... finally local financial power and institutions need to work for local places people and the planet the Center for Local Economic Strategies has helped put these principles into practice working in many places across the UK and with anchor institutions that are rooted in those places now we have established the Community Wealth Building Center of Excellence to advance this work through policy networks and practice together we can build this movement and rebuild our local economies 2:15 END

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