Skip to content

Why co-ops and community farms can’t close the racial wealth gap

Circulating local dollars or pounds can’t create more wealth when there isn’t enough to begin with.

Published:
ZenobiaJeffrieswarfield.jpg
ZenobiaJeffrieswarfield.jpg

Malik Yakini, executive director of the Detroit Black Community Food Security Network. Credit: Brian Rozman/YES! Magazine.

Residents of one Detroit historic neighborhood have been looking forward to next year’s opening of a food co-op. It will help bring to market produce from a community farm and is part of a larger community development project that will include a health food cafe, an incubator kitchen for food entrepreneurs, and space for events. The project expects to employ 20 people from the mostly low- to moderate-income area.