The Preston Model and Community Wealth Building - Creating a Socio-Economic Democracy for the Future

Through a deep examination of what has become known as the -Preston Model-, this book explores an innovative approach to local economic development that utilises economic democratisation to realise both social and economic objectives.

The first part of the book examines the main strands of the Preston Model framework and what makes it different to other urban regeneration schemes: the combination of local anchor institution procurement to generate and retain local wealth, and the development of cooperatives to fill gaps in local supply chains. The chapters in this section consider the Preston Model as viewed through different lenses: politics and society, community, economics, democracy, trade unionism, language and communication, education and transferability. The second part explores the influences and applications of the Preston Model, in theory and practice, in selected locations and various circumstances worldwide. This includes discussion of key ideas such as economic d