In this episode, Local Bites interviews Stacy Mitchell of the Institute for Local Self-Reliance to talk about the multiple social, economic and environmental benefits of local business ownership and community-scaled financial institutions. Mitchell lays out the evidence for why local ownership matters, and provides a thorough debunking of the idea that large, global corporations are more efficient or create more jobs than smaller-scale, community-rooted enterprises. After warning listeners about the growing consolidation of economic power in the hands of fewer and fewer global corporations, Mitchell exposes the policy decisions that have led to such concentrated ownership. She concludes by highlighting several promising initiatives from the growing localization movement, and articulating the key components of a ‘localist policy agenda’.
Why Local Ownership Matters
By Brian Emerson, originally published by Local Bites
May 1, 2014
Tags: local economies, relocalization
Related Articles
Why Sociocracy Helps Organizations to Thrive
By Nick Natrella, Post-Growth Institute
The serenity, inclusivity, and gratification experienced within sociocracy has to be encountered first-hand to be fully appreciated.
May 7, 2024
Is Degrowth an Academic Field or a Mass Movement? Taking Degrowth to the People!
By Phil Wilson, Resilience.org
Degrowth, I believe, is at a critical cross road – advocates must now choose to continue to regard degrowth as an unending thought experiment, or to take degrowth into communities of ordinary folks.
May 7, 2024
What Liberal Elites Don’t Know About Rural Americans Can Hurt Us
The truth is that when this nation chose to eliminate four million farmers (with their families, hired help, buildings, and boundaries) on the advice of the colleges of agriculture, the agricultural bureaucracy, and the agribusiness corporations, it committed a sort of cultural genocide.
May 7, 2024