Owned by Oxford is a pilot project seeking to bring wealth and power back home for local people and communities in Oxford.
Through a model known as Community Wealth Building, Owned by Oxford is working to build a community-led economy in our city. By partnering with local grass roots organisations and larger, more established institutions, the program is testing and innovating new ideas and models of economic exchange that stop wealth flowing out of our communities and put it back in the hands of local people.
Makespace Oxford is one of five partner organisations behind Owned by Oxford, alongside CAG Oxfordshire, Solidarity Economy Association, Oxford City Council and Aspire. Through our experience in accessing and reanimating meanwhile spaces, we're working alongside Owned by Oxford to provide the spaces that local organisations need to operate, connect and thrive.
WHAT IS COMMUNITY WEALTH BUILDING?
Community Wealth Building is people-centred approach to local economic development which redirects wealth back into the local economy, and places control and benefits into the hands of local people.
Simply put, it's all about supporting the positive, socially and environmentally ‘generative’ parts of the economy to grow while reducing extractive, damaging ones. You can find out more in this short video from the Centre for Local Economic Strategies, or on the Owned by Oxford website.
Oxford by Oxford is a partnership between five Oxford-based organisations.