Description

The Center for Economic Democracy (CED) contributes to a just, sustainable, and equitable economy by advocating for greater public participation in governance. The organization’s signal achievement has been the passage of a referendum amending Boston’s City Charter to mandate participatory budgeting. With Luce Foundation support, the Center worked closely with the city and stakeholders to design, implement, and carry out the participatory budgeting process—for which the City has allocated funding and also appointed a staffer to lead. This second grant will enable CED to continue the work on participatory budgeting in Boston and to share lessons with municipalities beyond Boston. It will also enable CED to offer training courses in economics, finance, and accounting to community members and activists and to strengthen and expand the Center’s work on worker-owned cooperatives in Massachusetts.