Baltimore is Democratizing the Economy, One Pint at a Time

Despite the looming competition from Amazon, independent bookstores in New York are finding ways to innovate and create bookstore experiences that go beyond the books. The Lit. Bar is a bookshop-wine bar in the Bronx that hopes to instill a love of reading while customers shop and drink. By selling non-book products, new iterations of bookstores can increase their profit margin to remain sustainable. Many even succeed with creative financing, from crowdfunding to finding local investors.

A growing number of tenant-focused websites are trying to level the power dynamic between shoddy landlords and tenants by giving tenants a voice. “There is a big power mismatch in today’s rental market, but it doesn’t have to be that way.” Amongst those is Rentlogic, which grades 1.1 million apartment buildings, but rather than relying on subjective comments the website provides a grade based on an algorithm.

An elementary school in Detroit works to give low-income students the resources and education they need to be successful. From supplying children with uniforms and breakfast to cleaning the school to provide a better work environment, teachers and staff address the underlying affects of poverty in the classroom.

In 2017, New Jersey eliminated the cash bail system – meaning that potential offenders awaiting court could not be held in jail for money. Instead, judges use an algorithm that considers the individual’s criminal history, flight risk, and threat level to the community. As New York considers doing the same, it looks the impact it has made in New Jersey.

Leading up to Father’s Day, Philadelphia criminal justice organization Frontline Dads raised money to bail out fathers. Inspired by the annual Mother’s Day bailouts that happen around the country, Frontline Dad aims to not just free father’s, but raise awareness about the issue of cash bail as well. Beyond bailing out fathers, participants will also have access to services like haircuts, counseling, and job placement assistance.

In the Navajo Nation, more than 70 percent of local income leaves the tribal area, but one effort is helping native-owned businesses expand their reach. Change Labs, a business incubator, helped birth Rez Rising, an app that helps people find and shop with native-owned businesses, which often find obstacles to entrepreneurship like listing a physical address or operating a website.

After an initial shock to business-as-usual, some independent booksellers are trying new methods to get their products in the hands of readers. Home deliveries, online sales, and fundraising efforts are keeping some longstanding institutions afloat, at least for now.

Teens selling water on the sweltering streets of Atlanta are typically dealt with by police officers who often crack down on "unpermitted sales of water by youth." In a new approach, city officials convened a council to offer alternatives to police action and suggested ways to promote and develop the entrepreneurial spirit in teens through a variety of programs. The council looked to a similar program in Baltimore that re-engaged windshield-washing teens in school and re-directed others to full-time jobs.

Mobile home owners in Colorado are beginning to own their own communities due in part to legislation that is making it easier to do so. Resident-owned communities preserve the affordable housing stock, which manufactured home communities make up a large percentage of.

The Business Center for New Americans, a nonprofit that offers loans with a focus on immigrant-run businesses, is going above and beyond to make sure its lenders get through the COVID-19 economic crisis. They are offering tailored support on how to apply for Economic Injury Disaster Loans, sharing other grant and loan opportunities, and using its status part of the SBA’s Microloan Program to offer new loans.