Video: Reconstructing Economic Development for People and Planet: Stories of Just Economic Democracy

On Friday, May 11th,  in collaboration with Democracy @ Work New York, the Murphy Institute hosted a fascinating panel exploring how progressive local innovations stand to solve long-standing, seemingly intractable issues around poverty and inequality. Panelists included:

  • Michael Menser, Assistant Professor of Philosophy at Brooklyn College, Earth and Environmental Science and Environmental Psychology at the CUNY Graduate Center, Chair of the Board of The Participatory Budgeting Project, and author of We Decide! Theories and Cases in Participatory Democracy
  • Gabriela Alvarez, Chef and founder of Liberation Cuisine, a catering company dedicated to preparing meals collectively with sustainable ingredients and practices. Alvarez recently took her passion for healing and organizing with food to Puerto Rico to help with relief and rebuilding efforts
  • Kali Akuno, co-founder and co-director of Cooperation Jackson, a network of cooperatives and worker-owned enterprises and the author of Jackson Rising: The Struggle for Economic Democracy and Black Self-Determination in Jackson, Mississippi
  • Yorman Nunez, Program Manager at Community Innovators Lab MIT and coordinator of Bronx Cooperative Development Initiative

Miss the panel or want to experience it again? Watch it here:

In New York City worker cooperatives, participatory budgeting, and community land trusts are on the policy platform of the City Council’s progressive caucus and elected officials in the democratic party are pushing legislation for employee and worker ownership at the state and federal levels. With greater visibility and support from the public sector some believe that these pilots and experiments for neighborhoods to drive wealth creation and capture and create equitable economic opportunities can reach into broad-based and mainstream policy.

There is an opening here to expand the horizon of what is seen as possible for genuine equitable urban economic development, and its relationship to labor, communities and the political economy. In short, we can change the conversation from mostly pushing for greater accountability and transparency in the existing economic development order, to a conversation about what should come next and what policies and institutions would be a part of getting us there.