New post at Policy Shop. Excerpt:
In America Beyond Capitalism (2005) and What Then Must We Do? (2013), Alperovitz details a strategy for moving beyond our present slate of economic institutions by democratizing wealth at the local level. Or to put it more bluntly: Alperovitz’s strategy is to shift the ownership of productive assets, bit by bit, into the hands of state and local governments, social enterprises, consumers, workers, and so on. Examples of such ownership are littered throughout the two books and include worker cooperatives, community land trusts, community development corporations, credit unions, public enterprises, public banks, and public utilities, among others.