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The Brief: Black generational wealth (podcast), more-sustainable lithium, African small business fund, supplying artisans, solidarity economy

The Brief: Black generational wealth (podcast), more-sustainable lithium, African small business fund, supplying artisans, solidarity economy
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Red Emma s move is seen as a boost for Greenmount Avenue and Waverly

Before she was deported from the United States in 1919, labor organizer and anarchist leader Emma Goldman was considered one of the most magnetic speakers of her time, drawing huge crowds whenever she lectured. A century later, community leaders in central Baltimore are hoping that the bookstore and coffeehouse that bears her name will draw crowds to the Waverly Main Street renewal district and the Greenmount Avenue corridor. After more than three years in Mount Vernon, the worker-owned cooperative that runs Red Emma’s Bookstore Coffeehouse has announced plans to leave its current location on Cathedral Street. The co-op’s new home will be two buildings in Waverly – a former meeting hall and nightspot at 415 East 32nd Street and a former cocktail lounge at 3128 Greenmount Avenue.

Worker-Owned Cooperatives Are Creating Their Own Funding Networks

Because of their unorthodox ownership structures, cooperatively owned businesses don’t fit neatly into most lenders’ boxes. So one group decided to build their own source of funding.

Worker-Owned Cooperatives are Building Their Own Investment Network

Robinson lives in North Richmond, a 1.5 square-mile unincorporated area of Contra Costa County, California, at the northern end of the Bay Area, nearly surrounded by the City of Richmond proper. Predominantly Black and Hispanic, in normal economic times North Richmond’s unemployment rate stubbornly hovers around 22 percent, with a median income of around $26,000. Located just west of and therefore downwind from a major Chevron oil refinery, North Richmond has long suffered from higher child asthma rates and other chronic health issues related to air pollution than other parts of Contra Costa county. But as they do in neighborhoods like these in cities across the country, people find a way. “I know so many people that are hustling in my community but they’re not legal,” says Robinson. “Those were my businesses growing up here.”

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