Local economic resilience

One the key insights of Transition is that our local communities are vulnerable to the shocks that will certainly come from extreme weather, volatile energy prices and supply disruption, and global financial meltdown. A full and proper analysis of this vulnerability, in general and in the case of Totnes, is a far bigger project than will fit into a blog post. However, we can easily zero in on a big part of it, which is our dependence on the global economic system itself.