Economic development promotes democracy, but there’s a catch | WashingtonPost.com

From The Washington Post’s Monkey Cage: “I provide evidence for another. Paradoxically, high economic growth and the high national income it—ultimately—causes have counterposed effects: the first entrenches the dictator, while the second undermines the dictatorship. Vigorous growth—which boosts household incomes and government revenues—enhances the incumbent’s survival odds. Thus, dictators have a personal interest in growth. […]

CUNY Law Community Economic Development Clinic Partners with Mondragon Corporation on Union Coops | CUNY School of Law

New York, NY – The City University of New York School of Law’s Community Economic Development (CED) Clinic has launched a new partnership with the Mondragon Cooperatives, the largest worker-owned cooperative in the world. Under the new partnership, the CED Clinic, in collaboration with Pennsylvania-based Regional Housing Legal Services, will help launch the Pittsburgh Clean […]

Growing the Wealth | Center for American Progress Report

How Government Encourages Broad-Based Inclusive Capitalism By David Madland and Karla Walter American companies use a variety of financial incentives, from broad-based profit sharing and stock options to worker cooperatives and employee stock ownership plans, to reward their employees with a portion of the wealth those workers help generate. This kind of compensation goes well […]