Sustainable Equitable Economic Democracy NM

Values & Principles

As a values-driven organization, SEED NM will work to advance a common language and definitions for our key values and principles. We recognize many of these terms are used loosely, and that clarifying what we mean by certain terms and phrases will help advance our work towards a sustainable economy, defined below.

  • Community economic development: An approach to building an economy that prioritizes community values, sustainability, inclusivity and equity. 
  • Community-based: A business that values its community foundations and is committed to its relationships with its local community.
  • Economic democracy: An economic system that includes workers, customers, suppliers, neighbors and communities in economic and business decision-making.
  • Inclusivity and equity: Best practices to maximize access to opportunities and resources for people and communities who have historically been excluded, marginalized and/or disempowered. 
  • Language access: An essential facet of inclusivity and equity in New Mexico.
  • Prosperity: A condition of flourishing or well-being in terms extending beyond financial metrics, including socio-cultural and health measures.
  • Responsible business: A business that is accountable to, and recognizes its connections with, its community and its workers. A business that observes responsible, ethical business practices. 
  • Sustainable economy: An economy that shares prosperity broadly and equitably, protects our natural resources, and encourages human flourishing within ecological limits.