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
Crazy Town 85. Escaping Globalism: Rebuilding the Local Economy One Pig Thyroid at a Time
By Asher Miller, Rob Dietz, Jason Bradford, Resilience.org
From the top of a skyscraper in Dubai, Jason, Rob, and Asher chug margaritas made from the purest Greenland glacier ice as they cover the “merits” of globalism. International trade brings so many things, like murder hornets and deadly supply chain disruptions. The opposite of globalism is localism — learn how to build a secure local economy that can keep Asher alive, hopefully at least through the end of the season.
April 24, 2024
Kumi Naidoo: Origins and Self-Care in the Journey for Justice
By Post Carbon Institute, Resilience.org
For more than 40 years, Kumi Naidoo has been a voice for social, economic and environmental justice. To get a glimpse into Kumi’s story and what he will talk about in our May 14th event, watch this interview with Post Carbon Institute’s Asher Miller.
April 23, 2024
A ‘Transcender Manifesto’ for a world beyond capitalism. A seed.
We seek not to destroy capitalism, nor to reform it, but to transcend it – to consciously and rapidly evolve past it.
April 18, 2024