Taking Steps Toward a Community-Controlled Economy in Boston


The Boston Ujima Project is on “a mission to create an alternative economy,” one that is inclusive on all measures. The main initiative is a community capital fund, which is considering foregoing collateral on loans in exchange for other creative metrics, in the hopes of extending loans to those often excluding from traditional banking and investment. They are also creating a timebanking initiative, where labor that benefits the community can be used as a form of currency. An accessible Boston workshop cemented the group’s commitment to being community-driven.

Related Stories