The impact of hundreds of years of racial and economic injustice live on in the United States, which is why there’s still a huge racial wealth gap – and in fact, it’s only getting worse. So we need proactive people’s movements to not just redistribute the existing wealth, but to also set up institutions that will help transform the very foundation of our economy on the local and national levels.
Watch Ed Whitfield, of the Fund 4 Democratic Communities and Southern Reparations Loan Fund, break it down in this short, great video:
We’re talking about enabling people’s capacity to be productive… that’s the repair I want to see.
We have to build a new set of ideas, a new level of expertise… and find ways to be radically inclusive.
More on how cooperative can help transform our economy:
- Collective Courage: A History of African American Cooperative Economic Thought and Practice
- Your Study Guide to the Cooperative Movement
- How Co-ops Build Stronger Communities, A New Economy, and A Better World