In the spring of 2016, Seattle Good Business Network received a grant from the Seattle Foundation, supported in part by J.P. Morgan Chase, to help create—as an antidote to the persistent, systemic economic inequity that plagues Seattle’s communities—a blueprint for a local economy that is equitable, diverse, and resilient.
The People’s Economy Lab emerged. At its heart, the Lab is a core group of local economy leaders who are already working on the ground in innovative ways to localize the economy in service to our communities. The project convenes these leaders to create a shared vision and roadmap for a community-centered economy that works for everyone.
What is a People’s Economy?
A people’s economy puts put people and places first. It meets local needs, here and everywhere, now and in the future. This means that the investments, enterprises, and transactions that make up our local economy are designed around our values.
A People’s Economy values:
Local needs, local ownership, dollars circulate locally, investments maximize local benefits
Cultivate a diverse economy; learn and adapt from native knowledge; practice continuous innovation
Equitable access, community ownership, democratic decision making and leadership
Care and service to people, planet, and the commons; sustainable use of natural resources
Collaboration vs. competition; cooperation vs. hierarchy; inclusive; generous with ideas
Transparent, inclusive decision making; align goals with community priorities; clear accountability
Personal exchange vs. anonymous transactions; connection with community, place, each other
Take part in your local economy.
The People’s Economy Lab is building a network of leaders, and incubating ideas and initiatives to create an economy that is equitable, democratic, diverse, and resilient. We work for an economy that community its center through communication, research, and convenings, including monthly workshops for lab leaders, quarterly gatherings, and an annual summit.
The Lab is run by the lab leaders with the support of a project manager and is administered and supported through the Seattle Good Business Network. The Lab is supported by grants from the Seattle Foundation and JPMorgan Chase Foundation.