Skip to main content
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

Download: High resolution image | PDF

More  coverage of the “Preston Model”:

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic License.

 

More related work

John McDonnell at a podium in front of the word "Economics" on a red background.

The Institutional Turn: Labour’s new political economy

The Labour leadership is putting together the elements of a new twenty-first century socialist political economy with a direct focus on ownership, control, democracy, and participation. Rolled out across the entire economy, it could displace traditional corporate and financial power in Britain. read more
Containers of prescription medication

It’s Time for a Public Option in the Pharmaceutical Industry

Drug companies are hated for a reason—they exist to maximize profits, not make us healthier. It’s time to put them under public control. read more
A drawing of roots against a colored gradient

Solidarity Economy: Building an Economy for People & Planet

The solidarity economy is a global movement to build a just and sustainable economy. It is not a blueprint theorized by academics in ivory towers. Rather, it is an ecosystem of practices that already exist—some old, some new, some still emergent—that are aligned with solidarity economy values. There is already a huge foundation upon which to build. read more