This idea has advanced to one of our five Borough Assemblies. Throughout four deliberation sessions, Assembly members will decide whether the idea moves on to the final ballot.

Redefining Work: Empowering Communities Through Cooperatives and Stakeholder Markets

Community Member 01/22/2026 12:30 Advanced to Assemblies

Idea Submission for The People's Money:: 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.
What is the problem your idea aims 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.
Which groups does your idea focus on? Select all that apply: Youth (under 24)

Older Adults (65 +)

Public Housing Residents

Justice Impacted People

People with Disabilities

Limited English Speakers

Immigrants / Migrants

Veterans

LGBTQIA+ People

Parents

Unhoused People

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