To have long-term prosperity, I have often suggested that Alabama must purposely pursue an authentic Ownership Society through revitalizing locally-owned businesses and rebuilding wealth-producing assets to the poor and working people. Cleveland, Ohio is forging ahead with a model for Alabama that accomplishes both.
“Business is realizing the power of placing ownership in employee hands. Instead of fixing a broken system, a few innovative communities are creating a whole new system altogether, one that‘s profitable, sustainable, people-focused, creates good jobs, and rebuilds dying communities.”
Here is a recent TEDx lecture about the Cleveland “miracle”: