Collaborative Economy: Industry Stats. Why credit unions and small businesses are beating out big banks. As Republican presidential candidates campaign in states with high unemployment rates like Florida, Michigan, and soon, Ohio, it’s a fair question to ask what business is doing to us as well as for us. Rising inequality and unemployment above 8 percent have left Americans frustrated, wondering whether capitalism is capable of supplying the jobs we need along with the community concern that we want.
Skip to next paragraph Subscribe Today to the Monitor Click Here for your FREE 30 DAYS ofThe Christian Science MonitorWeekly Digital Edition The answer to both is yes. A new economy is emerging, a kind of constructive capitalism that offers an exciting new model for American prosperity and a way out of the current economic morass. Constructive Capitalism is shareable, local, and sustainable. Let’s start with the State Bank of North Dakota. North Dakota may have America’s only state-owned bank, but it is far from being the only community bank to flourish despite the financial crisis.