Can local community-based models of ownership work? As this path-breaking report demonstrates, in cities and towns across the United States, they already do. The past few decades have seen rapid expansion of new forms of local ownership to develop business, create jobs, foster local democratic practices, generate tax bases to support public services, and promote stability and community development. In combination with related wealth-building approaches employed by both foundations and governments, these efforts constitute part of an emerging paradigm of employing assets to address social and economic problems.
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