Community Development

The Local Multiplier Effect (LME) is a very valuable, hidden feature of our economies. The term refers to how many times dollars are recirculated within a local economy before leaving through the purchase of an import.

Worcester Youth Cooperatives has an expansive vision of how cooperatives can improve their community.

In this chapter Razeto examines a question that has been central for the vast majority of people in the world: the question of development. Like many before him, Razeto questions the meaning of development and the objectives sought, opposing an alternative “desirable development” to the dominant model centered on industrialization, capital accumulation, and structural inequality.

Marty Frost discusses his career as a worker-owner helping others to develop their worker co-ops.