Community Wealth Building
The “community wealth building” movement has grown out of a recognition that, in many places, rather than staying and circulating in local economies, money and wealth are extracted and tend to be concentrated in wealthier locations elsewhere. Added to this, over recent decades, attempts at regeneration or economic development have struggled to deliver in a sustained way across communities – partly because of this wealth extraction, but also because the idea of “trickle-down” or “trickle across” hasn’t worked well in practice.