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Preston Model and Community Wealth Building

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Anchor Institutions
ASBC
Category=JP
Category=KCP
Category=KCS
Cleveland Foundation
Co-operative Development
Co-operative Education
Co-operative UK
Co-operative Values
Community Wealth Building
Cooperatives
CWB
Democratic Firms
democratic governance theory
Economic Democracy
economic profitability
EIMD
EPP
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
ESOPs
IMD
Industrial Co-operatives
local economic democracy implementation
local economic development
Local Governance
Lower Layer Super Output Areas
Mondragon
Mondragon Cooperative Corporation
participatory economics
Preston City Council
Preston Model
public sector procurement
SME
SME Development
social enterprise ecosystems
Social enterprises
social welfare
Stevenage Borough Council
trade unions
UK Average
UN
urban regeneration strategies
WFTO
worker ownership models

Product details

  • ISBN 9780367514099
  • Weight: 320g
  • Dimensions: 156 x 234mm
  • Publication Date: 21 Jun 2021
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

Through a deep examination of what has become known as the ‘Preston Model’, this book explores an innovative approach to local economic development that utilises economic democratisation to realise both social and economic objectives.

The first part of the book examines the main strands of the Preston Model framework and what makes it different to other urban regeneration schemes: the combination of local anchor institution procurement to generate and retain local wealth, and the development of cooperatives to fill gaps in local supply chains. The chapters in this section consider the Preston Model as viewed through different lenses: politics and society, community, economics, democracy, trade unionism, language and communication, education and transferability. The second part explores the influences and applications of the Preston Model, in theory and practice, in selected locations and various circumstances worldwide. This includes discussion of key ideas such as economic democracy, social enterprise and the creation of capacity for cooperative self-government, alongside essays on prominent international examples of similar approaches, which can inform and in turn be informed by the Preston Model.

This book is essential reading for those interested in regional and national policy, economic democracy and alternative economic and political ideas.
About

Julian Manley is a researcher in the Centre for Citizenship and Community at the University of Central Lancashire, and ex-chair and founding member of the Preston Cooperative Development Network.

Philip B. Whyman is professor of economics and co-director of the Lancashire Centre for Business and Management Research (LCBME) at the University of Central Lancashire.