The potential of worker ownership to finance Just Transition – and other inspiring Canadian examples

briarpatch special issueSaskatchewan’s Briarpatch magazine has published a Special Issue on Just Transition. It is a treasure trove of inspiring on-the-ground perspectives and information from Canadians working for an economic  Just Transition. 

All the articles are worth reading, but here are some highlights:

How will we pay for a Just Transition”   expresses doubt that we can rely on the usual government policies to finance meaningful transition – for example, it reviews the One Million Climate Jobs campaign of the Green Economy Network and the inadequate response by the Trudeau government.  Instead, the article provides examples of more innovative models of worker ownership and cooperation which support redistribution of wealth and financial capital. First,  The Working World, which launched in 2015 in Buenos Aires to finance employee ownership of non-extractive businesses, and now administers a “financial commons” Peer Network .  The Working World has inspired other projects, such as the Just Transition Loan Fund and Incubator and the Reinvest in Our Power projects , being launched by the U.S. Climate Justice Alliance . The article discusses the role of philanthropy, specifically the U.S. Chorus Foundation, which states that it “works for a just transition to a regenerative economy in the United States.” In Canada, a much smaller similar philanthropic initiative is the Resource Movement,  a project of Tides Canada, which gathers “ young people with wealth and class privilege working towards the equitable distribution of wealth, land and power.” 

Other articles:

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