Redefining Work: Empowering Communities Through Cooperatives and Stakeholder Markets

Community Member 14/03/2025 09:54

Do you have specific Neighborhood(s) in mind?

Bronx

Which group(s) does your idea focus on? Select as many as apply.

Youth

Older Adults

Public Housing Residents

Justice Impacted People

People with Disabilities

Limited English Speakers

Immigrants/ Migrants

Veterans

LGBTQ+ People

Parents

Unhoused People

Low Income People

Black, Indigenous and/or People of Color

Describe the challenge you want to address:

Currently The concentration of wealth has been compared to that of feudalism and slavery. Wealth inequality in NYC is a pressing issue, particularly in the Bronx. This inequality is exacerbated by high unemployment rates and the concentration of wealth in the hands of a few.

What is the solution to the challenge?

One solution is to empower individuals through education on worker cooperatives, a democratic business model that distributes profits among workers. Simultaneously, creating a dedicated market for cooperatives can provide a platform for these businesses to thrive and compete with traditional corporations. By combining these strategies, we can address wealth inequality, create jobs, and foster economic growth in the Bronx.

Please provide your Zip Code

10459

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