Scotland became the first country in the world to pass national Community Wealth Building legislation. The bill passed unanimously on February 10, 2026, 103 votes for, zero against. And the viral video covering it, watched by millions of people across the world, was cited on the floor of Holyrood during the final vote, reframing for the people inside the room what they were actually doing.

The five pillars this operates through
Progressive procurement means public spending strengthens local supply chains and prioritises social value over lowest cost.

Fair employment expands living wage jobs and improves work quality through anchor institutions.

Plural ownership grows cooperatives and social enterprises that keep wealth local instead of extracted.

Democratic land use promotes community ownership that generates local wealth and stewards environments.

Local finance redirects investment to recirculate in communities rather than flow to distant shareholders.

https://connectioning.substack.com/p/scotland-writes-community-wealth?utm_campaign=posts-open-in-app&triedRedirect=true

#localism #communitywealthbuilding #NoBillionaires #community

Scotland Writes Community Wealth Building Into Law—A World First

World's first legislation mandating democratic economics at scale—and what it means for the movement

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