Session 6: Sunday, June 3rd: 12:00 - 1:50pm
Description/Abstract of your Event:
Something remarkable is happening in the UK, the Labour Party under Jeremy Corbyn is, with the support of an energized grassroots base, articulating an economic platform that breaks with neoliberal orthodoxy to outline what an economy that works for the many, not the few, could look like. This new economics is grounded in "alternative models of ownership"—an innovative agenda that builds upwards from community wealth building frameworks for cooperative and municipally owned development at the city level to democratized large scale public ownership at the regional and national level. This panel will discuss the origins of this platform (including the connections between Cleveland and Preston), the ongoing and accelerating efforts to implement it at the local level while Labour remains out of government (like Corbyn's new "community wealth building unit"), and what lessons the US Left can learn about how a popular economic agenda can be built to challenge the ownership patterns of corporate capitalism at all scales.