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Democratic Ownership

stories

Public holding company

Public holding company

The effects of a local firm facing economic disaster can ripple destructively through a community. Public holding companies could take either partial or full ownership positions in distressed firms to prevent the economic and social dislocations associated with liquidation or collapse. read more
Oil well

The movement to nationalize the fossil fuel industry: a timeline

An interactive timeline chronicles key moments in the movement to advance the nationalization of the fossil fuel industry, which would enable a managed just transition to renewable energy. read more
Community wealth

Launch a new era of community wealth building

We must work to ensure that the response to the crisis ushers in the creation of democratic, inclusive, and locally rooted economies centered on collective well-being, local resilience, ecological sustainability, and economic justice. read more
State holding company or economic preservation fund

Create a state holding company to prevent the leveraged buyout of the real economy

A state holding company would acquire failing companies and distressed assets in this shutdown period, mothballing them until recovery begins and the economic stimulus kicks in.  read more

videos

Economic Update host Richard Wolff interviews John Duda

Worker co-ops rising

Democracy Collaborative communications director John Duda explains in this edition of “Economic Update with Richard Wolff” how worker cooperatives have become a rising movement that is shaping mainstream economic development strategy around the country. read more
Joe Guinan on Raising Incomes panel

The role of worker ownership in raising incomes

The Next System Project’s Joe Guinan called for a “democratic ownership revolution” at a Washington forum organized to discuss strategies for addressing extreme wealth inequality in the United States. read more

Video: Community Land Trust

CLTs are nonprofit organizations that acquire and steward land in a “trust” for the permanent benefit of low-income communities. This video explains what they can achieve. read more
Default Image: Stained Glass

Video: Resident-Owned Community

Resident-owned communities (ROCs)—manufactured housing neighborhoods in which the land is community-owned and managed–are one of the leading sources of affordable housing in the U.S. This video explains their benefits. read more

collections

Circles rising above a cityscape

Principles of a Pluralist Commonwealth

Our time demands we meet the challenges inherent in an era of deepening despair and accelerating crises—political, ecological, and economic—that is also potentially the prehistory of transformative and fundamental systemic change. read more
Energy democracy panel RG

Supporting energy democracy through a Green New Deal

To achieve the dual mission of decarbonizing our energy use and addressing economic inequity, the Green New Deal must invest in an energy future based on democratic governance and community control. Here is a suite of policy tools essential to that mission. read more
Democratic public ownership panel

Ownership futures

Public ownership of railways and road networks, land and natural resources, water and electricity utilities, and banking and postal services helped build the infrastructure, institutions, and technologies of the mid-20th century. Today, public ownership once again has a key role to play in laying the foundations for a transformative and prosperous 21st-century economy. read more

reports

Out of time

Out of Time: The case for nationalizing the fossil fuel industry

With oil prices collapsing and firms’ market values plunging, the government can once again use a policy weapon that has in the past been successful in overcoming social and economic unrest. read more
Democratic digital infrastructure

Democratic digital infrastructure

We need to build a digital landscape that provides world-class connection to all and is sustainable, privacy-enhancing, rights-preserving, innovative, and democratic by design. This report makes the case for democratic public ownership of the foundational digital infrastructures of the 21st century. read more
The case for public ownership of the fossil fuel industry

The case for public ownership of the fossil fuel industry

Instead of bailing out the fossil fuel industry in the wake of the COVID-19 crisis, the U.S. government should assert long-term ownership and control of the industry to ensure an eventual managed phase-out of coal, oil, and gas production. read more

A History of Nationalization in the United States: 1917-2009

The United States has a long and rich tradition of nationalizing private enterprise, especially during times of economic and social crisis. read more