"By 2053, Black households will have a median wealth of zero." - Forbes

Greetings Prof. Wolff ! Are worker cooperatives the best solution for African Americans? I can find no answer to how to close the wealth gap. Could sections of cities like Detroit, Chicago, Baltimore with abandoned homes and warehouses be turned into a proverbial Mondragons in order to begin to close the wealth gap? Coupled with community land trusts, do you believe the concept seems doable? And if so, how long could it possibly take to execute. Alternatively, could entire communities of energy-efficient housing and a commercial sector be developed from scratch and use the worker cooperative model to be self-sustained? http://www.blackenterprise.com/baltimore-sell-homes-1/ http://nashvillepublicradio.org/post/nashville-creates-community-land-trust-stem-gentrification#stream/0

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  • True Hunt
    published this page in Ask Prof. Wolff 2018-01-07 19:37:55 -0500