The Community Ownership Society

"Here are the basics: we are in an era where the right-wing's free-market-for-everything ideology has been allowed to be turned into reality – and we are starting to see some serious downsides. Think Enron, where Corporate America abused the unregulated market to gouge consumers. Think Social Security privatization, where Wall Street will be allowed to rip off unsuspecting taxpayers for billions. And think Halliburton, where an oil company is being allowed to overcharge America for the privatized work it is doing in Iraq.

"But far away from the out-of-touch confines of the Beltway where free market extremism reigns supreme, ordinary Americans are realizing that there's an alternative path, whereby community ownership of certain economic institutions and businesses are a pretty good deal. Instead of allowing Corporate America to reap the windfalls of everything, more and more communities are trying to get a piece of the action – all while making sure the public is adequately served, and not abused."

Thanks to Michael Dudley