Marjorie Kelly: Democratizing the Economy from the Ground Up

Marjorie Kelly is Senior Fellow and Executive Vice President at The Democracy Collaborative. The Democracy Collaborative is a non-profit organization that works towards a new economic system where shared ownership and control creates more equitable and inclusive outcomes, fosters ecological sustainability, and promotes flourishing democratic and community life.  Marjorie is author of the book, Owning Our Future: The Emerging Ownership Revolution, released June 2012 by Berrett-Koehler. In it, she explores many experiments with new forms of ownership, which she calls generative: aimed at creating the conditions for life for many generations to come.

Marjorie Kelly is Senior Fellow and Executive Vice President at The Democracy Collaborative. The Democracy Collaborative is a non-profit organization that works towards a new economic system where shared ownership and control creates more equitable and inclusive outcomes, fosters ecological sustainability, and promotes flourishing democratic and community life.  Marjorie is author of the book, Owning Our Future: The Emerging Ownership Revolution, released June 2012 by Berrett-Koehler. In it, she explores many experiments with new forms of ownership, which she calls generative: aimed at creating the conditions for life for many generations to come.

In this interview we discuss:

  • The election of Trump and its correlation with the economic challenges faced in Appalachia and rust belt states

  • 5 design elements of a company: membership, governance, purpose, finance, networks

  • The Democracy Collaborative’s work supporting Native American businesses and what listeners can do to support rural economic development

  • Strengthening the backbone of communities by engaging anchor institutions (like universities and hospitals)

  • Getting bipartisan support from politicians to support resilient local economies & employee ownership

  • How the democratization of aristocratic government happened without the democratization of our economics, and how we can bring this about

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Ryan Honeyman is a Partner at LIFT Economy and author of The B Corp Handbook: How to Use Business as a Force for Good (Berrett-Koehler Publishers). LIFT Economy is an impact consulting firm whose mission is to create, model, and share a locally self-reliant economy that works for the benefit of all life. You can follow Ryan on Twitter @honeymanconsult or email him ryan@lifteconomy.com.