Community-Based Asset Building and Community Wealth

The author traces involvement in the wealth inequality movement since 1999 and the frustrations with realistically addressing wealth inequality and racial wealth gaps. This paper outlines the journey from understanding the importance of wealth in African American and other communities, to addressing collective structures for accumulating assets and wealth for low-income people of color. The author explores the role cooperatives play in creating community and collective wealth, and proposes alternatives to the mainstream savings strategies usually proposed. Copyright Springer Science+Business Media New York 2014