The Cooperative Model: A Strategy for Equitable Economic Development
Friday, December 7, 2018
1:15 p.m. - 2:45 p.m. EST
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For generations, Dayton was known as a home of innovation and industrial production. The anchors of our economy and the city’s civic fabric, companies like NCR and GM, produced high-quality products, provided family-sustaining jobs for tens of thousands of Daytonians, and invested in our city because they felt their companies’ success was tied to our city’s success. Due to a variety of local, national, and international factors, today’s economy is fundamentally different than the economy of our parents’ and grandparents’ generation, and we can no longer rely on the institutions that built our local economies unless we reexamine ownership. Those who were most affected by the decisions these companies made to downsize, to lay off workers, and ultimately to leave Dayton were tragically not at the decision-making table when the consequences of these choices were being deliberated because they were not seen as stakeholders and did not share in ownership.
We believe that here in Dayton, we have a unique opportunity to reimagine what growth can look like for our city if we begin to share the responsibilities and rewards of ownership. This presentation will discuss the benefits of worker ownership and the opportunities cooperatives can provide for sustainable and equitable economic development for the region, as well as exploring specific opportunities in the grocery (Gem City Market project) and manufacturing industries.
Rachel Meketon, Rachel.Meketon@gduci.org