11.954 | Spring 2005 | Graduate
Community-Owned Enterprise and Civic Participation


week # Topics readings
1 Tensions between Capitalism and Democracy Bowles, Samuel, and Herbert Gintis. “Social Capital and Community Governance.” The Economic Journal 112 (2002).

Dryzek, John S. “Legitimacy and Economy in Deliberative Democracy.” Political Theory 29, no. 5 (2001): 651-669.

Bachrach, Peter, and Aryeh Botwinick. Power and Empowerment: A Radical Theory of Participatory Democracy. Philadelphia, PA: Temple University Press, 1992.

Harris, Cheryl I. “Whiteness As Property.” Harvard Law Review 106, no. 8 (1993).

Oliver, Melvin L., and Thomas M. Shapiro. “Wealth and Racial Stratification.” In America Becoming: Racial Trends and Their Consequences. Edited by N. J. Smelser, W. J. Wilson, and F. Mitchell. Washington, DC: National Academy Press, 2001. ISBN: 0309068401.

2 Tensions between Capitalism and Environmental Sustainability Hawken, Paul, Amory Lovins, and L. Hunter Lovins. Natural Capitalism. Boston, MA: Little, Brown and Company, 1999. ISBN: 0316353167. (Read chapters 1, 5, 13, and 14 at a minimum, read other chapters relevant to your participation interest (transportation, waste removal, etc.))
3 Combining Political and Economic Development Cummings, Scott L. “Community Economic Development as Progressive Politics: Toward a Grassroots Movement for Economic Justice.” Stanford Law Review 54 (2002): 399-493.

Feldman, Jonathan Michael, and Jessica Gordan Nembhard. “Towards a New Community Development Paradigm: The Political and Economic Agenda.” Planners Network 149 (2001).

World Bank. Building Institutions for Markets. New York, NY: Oxford University Press, 2001. ISBN: 0195216067.

Lindblom, Charles. The Market System: What It Is, How It Works, and What to Make of It. New Haven, CT: Yale University Press, 2001. Chapters 17, 18, and 19. ISBN: 0300087527.

International Joint Project on Co-operative Democracy. Making Membership Meaningful: Participatory Democracy in Cooperatives. Saskatoon, Canada: Centre for the Study of Cooperatives, University of Saskatchewan, 1995. Chapters 1, 5, and 7. ISBN: 0888803346.

4 Cooperative Models Fairbairn, Brett, June Bold, Murray Fulton, Lous Hammond Ketilson, and Daniel Ish. Co-operatives and Community Development. Saskatoon, Saskatchewan: Centre for the Study of Cooperatives, University of Saskatchewan, 1991. ISBN: 0888802498.

Prahalad, C. K., and Allen Hammond. “What Works: Serving the Poor, Profitably.” Markle Foundation, 2002. (PDF)

Denison, Alice, and Alan Wilson. CLF Ventures: A History. Boston, MA: CLF, 2002.

MacLeod, Greg. From Mondragon to America. Sydney, Nova Scotia: University College of Cape Breton Press, 1997. ISBN: 0920336531.

Cohen-Mitchell, Tim. “Community Currencies at a Crossroads.” New Village Journal 2 (2000): 42-49.

5 Community-Owned Real Estate (Trusts and Housing Coops)

Presentation by Will Bradshaw on Market Creek

Carr, James H. “Community Capital and Markets: A New Paradigm for Community Reinvestment.” The Neighbor Works Journal (1999).

Nadeau, E. G., and David J. Thompson. “Cooperative Housing Brings the Dream Home,” and “Senior Co-op Housing.” Chapters 5, and 6 in Cooperation Works! How people are using cooperative action to rebuild communities and revitalize the economy. Rochester, MN: Lone Oak Press, LTD, 1996. ISBN: 1883477131.

6 Banking and Financing

Presentations by Lynn Benander

Taub, Richard P. Community Capitalism: The South Shore Bank’s Strategy for Neighborhood Revitalization. Cambridge, MA: Harvard Business School Press, 1988. Chapters 1, 2, 5, 7, 8, and 9. ISBN: 0875841937.

Nadeau, and Thompson. “Community Development Credit Unions.” Chapter 8 in Cooperation Works! How people are using cooperative action to rebuild communities and revitalize the economy. Rochester, MN: Lone Oak Press, LTD, 1996. ISBN: 1883477131.

NRC. Credit Union Partnerships with NeighborWorks Organizations: Proven Models for Success. Washington, DC, 2003.

Hansmann, Henry. The Ownership of Enterprise. Cambridge, MA: Harvard University Press, 1996. Chapters 13, and 14. ISBN: 0674649702.

Yago, Glenn, Betsy Zeidman, and Bill Schmidt. Creating Capital, Jobs and Wealth in Emerging Domestic Markets. New York, NY: Milken Institute, 2003. (Out of print.)

7 Union Pension Investing Fung, Archon, Tessa Hebb, and Joel Rogers, eds. Working Capital: The Power of Labor’s Pensions. Ithaca, NY: Cornell University Press, 2001. Chapters 1, 2, 5, and 6. ISBN: 0801439019.

Quarter, Jack, Isla Carmichael, Jorge Sousa, and Susan Elgie. “Social Investment by Union-Based Pension Funds and Labour Sponsored Pension Funds in Canada.” RUIR 56, no. 1 (2001).

Nell, Stephen C., and Kevin M. Walsh. “Participant Directed TAFT-HARTLEY plans: Ten Steps for Getting Started.” Employee Benefits Journal 23, no. 3 (1998).

Blackburn, Robin. Banking on Death or, Investing in Life: The History and Future of Pensions. New York, NY: Verso. ISBN: 1859847951.

8 Privatization and Gainsharing

Presentations by Lynn Benander

Thompson, J. Phillip, and Ross Gittell. “Privatization and Community: Linking Interests in Poor Communities.” (Submitted for journal review, December, 1996.)

Weisbrod, Burton, ed. To Profit or Not to Profit. New York, NY: Cambridge University Press, 2000. ISBN: 0521631807. (Readings to be assigned.)

9 Organizing Remittances Inter-American Foundation. Approaches to Increasing the Productive Value of Remittances. Washington, DC, 2001.
10 Work Session  
11 Work Session  
12 Work Session  
13 Work Session  
14 Work Session  
15 Project Discussion  
Course Info
As Taught In
Spring 2005