Consultation response: Community Wealth Building

The Community Wealth Building (CWB).approach to economic development has the potential to advance a more equal Scotland, embedding our shared values of justice and compassion to tackle inequality at the local level. Examples of CWB models from Scotland, including North Ayrshire, and globally, including Cleveland, highlight that this approach can enable communities to be more actively involved in local economic development with benefits for the distribution of wealth, good quality employment and the ownership of assets.

However, people on low incomes also have reservations about how CWB will work in practice and were clear that our approach to CWB must actively seek to tackle, rather than embed, inequalities in Scotland.

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