The document discusses the past, present, and future of community economic development efforts. It notes that over the past 40 years, non-profit development organizations have emerged to empower marginalized groups and build local voice. Intermediaries now provide support through capacity building, aggregating capital, and developing strategies. However, there are still strong silos between areas like workforce development and economic development. It argues that community economic development needs to be reconceptualized by putting people first, innovating through learning, and recognizing varying local capacities. Moving forward will require defining innovation locally and building robust theories of change.