Insight and inspiration in turbulent times.
The Totnes pound is just one example of the kind of outside the box thinking that has kept this local community resilient in the face of austerity. Since 2010, the pressure on local authority budgets across England has been intense, with a 50% decline in central funding support.
The fact that globalisation has an impact on people’s lives in the UK is undeniable while the desirability and level of this impact is still very much up for debate. After spending the last few months in Totnes — a small yet increasingly well-known town in Devon, UK — I have spoken with many people seeking practical ways to connect to their local area so that they do not have to rely so heavily on sprawling global supply chains.
Today sees the publication of what may well turn out to be one of the most important documents yet produced by a Transition initiative. Over the next few weeks we will be returning to it, to hear a range of perspectives on it, and hope it will generate debate and discussion. The document is the ‘Totnes & District Local Economic Blueprint‘, and you can download it for free here. The Blueprint is the first attempt that I am aware of to map in detail a local economy and to put a value on the potential benefits of an increased degree of localisation. If you like, it identifies “the size of the prize” of Transition.
