To preserve communities in the throes of displacement, cooperative movements and new economy advocates must pivot in a new direction that blends place and the democratic economy. This “new direction” actually borrows from an idea nearly 50 years old.
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As the nation’s housing crisis deepens during the COVID-19 pandemic, we urgently need new approaches and institutions that center permanent affordability, community ownership and control, and the long-term goal of decommodification.
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In facing up to the many profound crises of our time, we face a conundrum that has no easy resolution: how are we to imagine and build a radically different system while living within the constraints of an incumbent system that aggressively resists transformational change?
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