The Economy: Under New Ownership  - CLEO Skip to main content


To make an economy that serves us, we need to own the jobs and the businesses—together.

As the nation struggles to recover from unsustainable personal and national debt, stagnant wages, the damages wrought by climate change, and more, a whole way of life is drawing to a close. It began with railroads and steam engines at the dawn of the Industrial Age, and over two centuries has swelled into a corporation-dominated system marked today by vast wealth inequity and bloated carbon emissions. That economy is today proving fundamentally unsustainable. We’re hitting twin limits, ecological and financial. We’re experiencing both ecological and financial overshoot.

The cooperative economy has dwelled alongside the corporate economy for close to two centuries. But it may be an economy whose time has come.

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