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The Preston Model: interlinked elements of a local economy

Infographic: The Preston Model

Democratic Ownership Democracy & Governance

The “Preston Model” is helping inspire a new conversation about the role of local government in catalyzing locally-driven economic revitalization and transforming patterns of ownership towards democratic alternatives.  (We first featured a story about the Preston Model here in 2016.) 

Today, the work in Preston to redefine how—and for whom—local economic development works is at the forefront of the agenda for local Labour councillors in the UK —and front and center at the upcoming “Alternative Models of Ownership” conference in London on 2/10, featuring, among many others, The Democracy Collaborative’s Ted Howard. Major coverage for the model has recently appeared in The Guardian in the inaugural story in Aditya Chakrabortty’s new series “The Alternatives” (and an associated podcast which explores the role that The Democracy Collaborative and the Evergreen Cooperatives played in inspiring Matthew Brown, the leading advocate behind the Preston Model.)

Because the Preston Model isn’t a simple one-element strategy, but a holistic framework for integrating community, cooperative, and public assets into a mutually supporting system of local economic prosperity, we thought it would be helpful to provide a visual representation of how the pieces of the model fit together to build community wealth:

The Preston Model: interlinked elements of a local economy
The Preston Model

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More  coverage of the “Preston Model”:

 

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