chapter  6
Are worker-owned cooperatives the brewing pots for social capital?
ByWilson Majee, Ann Hoyt
Pages 14

Huge resources have been channeled towards improving the social and economic well-being of people living in resource limited communities. Millions of people in rural and urban areas, in both developed and developing countries continue to live in poverty with no lasting solution in sight. In the United States alone, close to 40 million Americans (13.2%) lived in poverty in 2008, up from 31.6 million (11.3%) in 2000 (DeNavas-Walt, Proctor, & Smith, 2009). The current economic conditions, job losses, high food prices and utility bills, continue to devastate the working poor, the recently unemployed and many low-income Americans. Thus the need for a development strategy that will engage people in low-income communities and bootstrap them into the socio-economic mainstream is as important today as it ever was.