CLIENT/PARTICIPANT: 

• Any person who receives a service or participates in a program by Catalyst Miami.

LOW WEALTH VS. LOW INCOME: 

• Income is a component of wealth. We use the term low wealth because it more accurately reflects the challenges our clients and communities face.

EQUITY: 

• Each person/group is treated fairly with equal access to economic, social, and educational opportunity. For members of groups that have been excluded from resources, equity may involve providing greater resources to compensate for past exclusion and discrimination.

FINANCIAL RESILIENCY: 

• Resilience refers to an individual’s or community's ability to recover from chronic stress or an acute shock. We think of financial resilience as a critical component of overall resilience. We believe social cohesion--networks of people in the same community, working toward similar goals--fosters resilience as well. 

CLIMATE JUSTICE: 

• "Climate Justice recognizes the disproportionate impacts of climate change on low-income communities and communities of color around the world, the people and places least responsible for the problem. It seeks solutions that address the root causes of climate change and in doing so, simultaneously address a broad range of social, racial, and environmental injustices." (Source: University of California Center for Climate Justice)

ECONOMIC JUSTICE: 

• "Economic justice has been defined as 'a set of moral principles for building economic institutions, the ultimate goal of which is to create an opportunity for each person to create a sufficient material foundation upon which to have a dignified, productive, and creative life beyond economics.' Therefore, an economic justice argument focuses on the need to ensure that everyone has access to the material resources that create opportunities, in order to live a life unencumbered by pressing economic concerns. (Source: Boston University School of Public Health, "On Economic Justice")

HEALTH EQUITY: 

• "Health equity is the state in which everyone has a fair and just opportunity to attain their highest level of health... Achieving health equity requires valuing everyone equally with focused and ongoing societal efforts to address avoidable inequalities, historical and contemporary injustices, and the elimination of health and healthcare disparities. Achieving health equity also requires addressing social determinants of health and health disparities. It involves acknowledging and addressing racism as a threat to public health and the history of unethical practices in public health that lead to inequitable health outcomes." (Source: CDC)

ECONOMIC DEMOCRACY / DEMOCRATIC ECONOMY: 

• "Economic democracy is a system where people share ownership and decision making over the power and resources in their communities. Rather than profit and pure self-interest, it is grounded in values of solidarity, cooperation, democracy, and sustainability. Where economic democracy exists at substantial scales in urban regions, we see significantly reduced inequality and greater well-being for all, especially working people. Economic democracy reduces inequality and increases the shared wealth we have in our communities, not just creating huge amounts of wealth for small numbers of people. Economic democracy does not just mean creating more programs or more access or “input” and participation. It means real partnership and shared power, control, and benefit for everyday people in the things that matter in our lives." (Source: Bronx Cooperative Development Initiative)