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Abstract/Syllabus:
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Thompson, J. Phillip, 11.954 Community-Owned Enterprise and Civic Participation, Spring 2005. (Massachusetts Institute of Technology: MIT OpenCourseWare), http://ocw.mit.edu (Accessed 08 Jul, 2010). License: Creative Commons BY-NC-SA
The Harvard/MIT Cooperative Society is a cooperative that was founded by students in 1882 to provide merchandise to the community at competitive prices. (Image courtesy of OCW.)
Course Highlights
This course features video taped lectures on creating a cooperative and a description of the assignments.
Course Description
This course will examine literature and practice regarding community-owned enterprise as an alternative means of increasing community participation and development. The use of cooperatives, credit unions, land trusts, and limited stock ownership enterprises for increasing community participation and empowerment will be examined.
Special Features
Technical Requirements
RealOne™ Player software is required to run the .rm files found on this course site.
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Syllabus
Course Description
This course will examine literature and practice regarding community-owned enterprise as an alternative means of increasing community participation and development. The use of cooperatives, credit unions, land trusts, and limited stock ownership enterprises for increasing community participation and empowerment will be examined. Students may work with two community initiatives in Mattapan, one to establish a youth-run community enterprise and another to develop a locally-run (but regionally affiliated) credit union. Students may also work on a number of projects in conjunction with the Cooperative Development Institute (CDI): a biodiesel production facility project that needs waste vegetable oil collection organized in Boston (maybe working with the City Council on a collection system or working with farmers to back haul it; a Mass health care project that is just in inception - organizing a state-wide meeting to demo the Ithaca model). Other CDI projects include a feasibility study for an herb processing facility in Western Massachusetts; and, an online community product development project to support consensus building among large groups of member-owners of non-profits and cooperatives (now in the software refinement, business planning, and pilot marketing and sales stage built on a volunteer effort). Students will attend four skill-building workshops conducted at MIT in conjunction with CDI CEO Lynn Benander on Coop organization, financing, and management.
Gradings
Students are responsible for one 10-15 page paper, worth 30 percent of their grade, on a topic related to community-owned enterprise and civic participation. Students are also responsible for producing a 'deliverable,' such as a business plan or foundation proposal, for their client. The deliverable will count for 60 percent of the grade, the remaining 10 percent of the grade depends on classroom participation.
Calendar
Course schedule.
week # |
Topics |
key dates |
1 |
Tensions between Capitalism and Democracy |
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2 |
Tensions between Capitalism and Environmental Sustainability |
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3 |
Combining Political and Economic Development |
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4 |
Cooperative Models |
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5 |
Community-Owned Real Estate (Trusts and Housing Coops)
Presentation by Will Bradshaw on Market Creek |
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6 |
Banking and Financing
Presentations by Lynn Benander |
Cooperative Development Institute workshop sessions 1 and 2 |
7 |
Union Pension Investing |
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8 |
Privatization and Gainsharing
Presentations by Lynn Benander |
Cooperative Development Institute workshop sessions 3 and 4 |
9 |
Organizing Remittances |
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10 |
Work Session |
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11 |
Work Session (cont.) |
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12 |
Work Session (cont.) |
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13 |
Work Session (cont.) |
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14 |
Work Session (cont.) |
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15 |
Project Discussion |
Final project due in class |
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Further Reading:
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Readings
Course Readings
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.
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. Washington, DC, 2002.
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 |
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11 |
Work Session |
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12 |
Work Session |
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13 |
Work Session |
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14 |
Work Session |
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15 |
Project Discussion |
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