Carter’s investment in her community and in developing her personal home across the street from her family home is part of her identity, but is also a wealth-building mechanism, the most common successful method in North America. She wants it for her community: something she calls “self-gentrifying in the South Bronx.”
Imagine if there was a corporation or co-operative that you could own shares in. The purpose of this corporation would be to hedge against certain classes of black swans.
All humanity is now wound together, our fate linked to our ability to respond to a planetary challenge bigger than anything we’ve ever faced before.
At last, a way to document the value of what we do to the bean counters who make decisions!!
While the investment cooperatives that have formed in northeast Minneapolis and in Sangudo have relied primarily on the resources of the communities starting them, both initiatives have also benefited from favorable state and provincial policies.