The Emerging Democratized Economy
We’ve all heard of small towns whose economies have been devastated by the depression of a national industry that employs most of the townspeople.
We’ve all heard of small towns whose economies have been devastated by the depression of a national industry that employs most of the townspeople.
In the leaky bucket analogy for local economies, money flows into a region to circulate through local businesses like water into a bucket.
As we walked down through this ancient woodland, with its stream, its waterfalls, its trees, moss and lichen, the sun breaking through the canopy, I found myself thinking of this woodland not as an ecosystem, but as a metaphor for the kind of economy we are seeking to create in Transition.
Baby boomers are the largest percentage of business owners, and they’re headed toward retirement. Worker cooperatives could keep the jobs they’ve created from disappearing.
When Jasmine Ford sold her first cheesecake to a colleague at the Children’s Hospital of Cincinnati two years ago, she didn’t think anything of it. Even as word of her pastries spread and orders rolled in over the months, Ford didn’t imagine she’d one day own a business.
Because they view all business in a negative light, many activists don’t seem to think it matters where they spend their money.
The health care industry’s impact on cities and regions—through job creation, purchasing, and real estate development—has gained increasing attention in recent years, and for good reason…
With the help of Slow Money Northern California, Planting Justice has purchased Rolling River Nursery, and expanded the operation in Sobrante Park, which has the highest unemployment and crime rate in Oakland.
So you’d think that politicians would go far to support small and entrepreneurial companies. Unfortunately, you’d be wrong.
Prosperity Parade, funded by the Barrow Cadbury Trust, includes eight tales about the new entrepreneurial spirit, where people are finding ways of kickstarting their local economic engines, often in very poor areas, and by doing so increasing their independence from central and local government.
A budget to stimulate the imagination, now wouldn’t that be a thing?
At a time when huge debates are raging over all the subsidies required by the 1 per cent of the business elite, Michael Shuman is working to shift public attention to the other, ultimately more positive, side of the picture…