Why inclusion is the new standard for economic growth

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Why it matters

Living Cities CEO Joe Scantlebury published an op-ed on January 28, 2026, arguing that economic inclusion—defined as equitable access to opportunities, capital, procurement, and business ownership across all societal groups—has become essential infrastructure for resilient growth, not just a moral goal.[headline summary][1][4]. He cites city examples like Memphis's Contractor’s University, which trains BIPOC-led firms to secure city contracts, boosting revenues; Miami's partnerships preserving affordable commercial space for immigrant businesses; and Austin's incubators turning seed grants into jobs and wealth.[headline summary].

Key players include Living Cities (a philanthropy-financed group working with mayors, banks, and communities), local governments (Memphis, Miami, Austin, St. Paul), and partners like community organizations and investors; no specific companies or legislation are named beyond historical nods like the Federal Highway Act.[headline summary]. This builds on prior Living Cities research showing inclusion reduces risks and spurs opportunities, amid stratified economies needing broader talent and ownership pools.[headline summary][2].

Context stems from post-2025 turbulence—federal shutdowns, inflation, labor shortages—pushing cities to prove inclusive models enhance productivity and stability, as economic research links diversity to innovation, larger labor forces, and shared prosperity.[headline summary][2][3]. Dated January 28, 2026, it's newsworthy now as a forward-looking mandate for 2026, urging business leaders to adopt bias-adjusted investing, inclusive procurement, and ownership models (e.g., cooperatives) amid volatile recovery, positioning inclusion as a competitive edge over outdated risk assessments.[headline summary][5].

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