Local Economy

The Best Response To Tariff Wars? Declare Economic Independence

April 12, 2025 Michael Shuman, Resilience. Strategize! boycott, Canada, Local Economy, Tariffs

Where I live, in Palm Springs, California, Canadian snowbirds are selling off their properties and angrily vowing never to return to the United States. Once back home, our northern neighbors are pulling Kentucky bourbon and other US goods from the shelves and liberating themselves from the tariff-obsessed lunatic in the Oval Office. The same story is playing out across the globe, including with close friends in Europe, the United Kingdom, and Australia, where the most immediate result of our self-inflicted trade wars is the collapse of Tesla sales.

Beyond Community Currencies

April 12, 2025 Alex Lopez, Grassroots Economic Organizing. Create! Cooperatives, Local Economy, Money, Renewable Energy Communities (REC)

In recent years, there has been a growing interest in Renewable Energy Communities (REC), legal entities that collectively manage energy, promoting economic, social, and environmental benefits for their community. This model of citizen management over an essential resource has been widely accepted — so could a similar principle be applied to money? Ekhilur, a nonprofit citizen cooperative, is pioneering an innovative approach to strengthening the local economy. Instead of creating a new currency, it operates its own payment system — regulated by the Bank of Spain — to maximize the circulation of the existing euro within the community for as long as possible.

Turning A Neglected State Roadway Into An Economic Engine

April 12, 2025 Ilana Preuss, Next City. Create! Local Economy, Manufacturing, Missouri, Small Businesses, Urban Design

Business Loop 70 looks like many American roads as it cuts through Columbia, Missouri. Four lanes of traffic; some sections with sidewalks, others without; a car dealership with a sea of available cars; an old single-floor mall set behind rows of parking, and an old brick smoke stack from a long-forgotten power plant. Yet that one-and-a-half-mile stretch of state highway contains a model of innovation for the nation. Every day, Carrie Gartner parks in front of a small storefront and steps into the offices of the Loop Community Improvement District, where for the past decade she’s been working to achieve the seemingly impossible: turning a random collection of properties along a state highway into a destination for families and entrepreneurs.

A Town In Transition, And Local Community Resilience

April 8, 2025 Chris Rhodes, Resilience. Create! Local Economy, Sustainability, Transition Town, United Kingdom (UK)

A large town, not yet a city, Reading (UK) is typically seen as a commuter hub, with thousands travelling into London every day to get to work. Reading itself may seem unexceptional, even bland, with not much going on there. But, on looking a little closer, Reading has real community, a group of local people who are coming together to create real change. While many of our problems are global – e.g. the climate and biodiversity emergency, declining fossil fuels, dwindling resources, pollution, overconsumption, food insecurity, inequality – there is much we can do at the local level to make things better.

Top Manta Co-op Helps Barcelona’s Street Vendors Formalise

April 6, 2025 Anca Voinea, Coop News. Create! Cooperatives, Local Economy, Migrants, Spain

Undocumented migrants arriving in Spain with hopes for a better life get trapped into a life of informality. Their undocumented status prevents them from accessing jobs in the formal economy, and, as a result, they cannot get healthcare or contribute to the social security system. According to the International Labour Organization’s Recommendation 204 on the Transition from the Informal to the Formal Economy, “most people enter the informal economy not by choice but as a consequence of a lack of opportunities in the formal economy and in the absence of other means of livelihood.”

Commoning Within Arts Collectives: Three International Stories

April 3, 2025 David Bollier. Create! Art, Collectives, Local Economy, The Commons

What are some of the distinctive ways that precarious arts collectives share resources, support each other, and make art? I recently learned a lot about this topic from a workshop of international artists convened in Amsterdam. Most of the artists are associated with the so-called Lumbung Practice collective, an interdisciplinary group experimenting with how to cultivate a commons-based art economy. The artists come from Indonesia, Iran, Morocco, transqueer-migrant disaporas, and other geographies and circumstances, so they have some very different experiences and talents.

Beyond Community Currencies: Strengthening Your Local Economy

March 28, 2025 Alex Lopez, Resilience. Create! Communities, Energy, Local Economy, Renewable Energy, Renewable Energy Communities (REC)

Venezuela: Communal Banks To Reactivate Communal Economy

March 7, 2025 Radio Red VE, Orinoco Tribune. Create! Banking and Finance, Communes, Local Economy, Venezuela

The minister for communes and social movements, Ángel Prado, has said that in light of the relaunching of illegal economic sanctions by the US empire, Venezuela is counting on the reactivation of the popular and communal economy through use of the Communal Banks. “In the face of this new aggression from [forces of] imperialism,” he stated during the Assembly of Communes of the People’s Power this Wednesday, March 5, “in our Communal Banks we have funds that come from the surplus of the different social production companies that the El Maizal Commune has; previously, we invested those resources in infrastructure.”

Welcome To ‘Think Like A Commoner’

March 1, 2025 David Bollier. Create! Book Review, Local Economy, The Commons, Transformation

About a year ago, some folks in Bangkok reached out to me. Hans van Willenswaard and his wife Wallapa wanted to translate my book Think Like a Commoner into Thai and publish it. Hans is the founder of the Innovation Network International in Thailand, and his wife Wallapa is a social entrepreneur and founder of the Mindful Markets movement. Both have been quite involved in the commons for some time. I was thrilled by their request, but upon re-reading the original version of my book, published in 2014, I was dismayed to realize that parts of it felt outdated.

Action On Climate Change May Look Different Than You Expect

February 23, 2025 Vijay Kolinjivadi and Aaron Vansintjan, Counter Punch. Strategize! California, climate crisis, Local Economy, Sustainability

Talk a walk through the Los Angeles’ Arts District, and you’ll learn that there’s nothing contradictory about trying to save the world and living a luxury lifestyle. Start your tour with the Los Angeles Cleantech Incubator (LACI), which proudly displays a banner stating: “the future begins here.” LACI is “a non- profit organization creating an inclusive green economy” and run “by entrepreneurs, for entrepreneurs.” They are also supported by a “community” that includes not only the City of Los Angeles but also BMW, Wells Fargo, United Airlines, and JPMorgan Chase.

Five Years In, Philly’s Kensington Corridor Trust Is Building Momentum

February 18, 2025 Oscar Perry Abello, Next City. Create! Affordable Housing, Community, Land Trust, Local Economy, Philadelphia

The first time Yolanda Del Valle came to work at Sherry’s Restaurant, she was a teen covering a friend’s shift at the popular local diner, located for 50-plus years at the corner of Kensington and Ontario Avenues in Philadelphia. Eleven years ago, Del Valle returned to Sherry’s as an employee, doing everything from serving to dishwashing to minding the griddle. This past November, she became the owner. And Sherry’s got a new landlord: its community. The diner’s building, which includes three apartments above the restaurant, was acquired a little over a year ago by the Kensington Corridor Trust, a community-controlled commercial real estate entity that recently celebrated its fifth birthday.

Converting US Domestic Military Bases To Peaceful Use

January 14, 2025 Christian Sorensen, World Beyond War. Create! Local Economy, Military bases, US military, Wars and Militarism

Former military installations can be success stories for the local community and small businesses. The former Brunswick Naval Air Station, Maine, has become Brunswick Landing, a “busy hub of tech businesses, some manufacturers, call centers, and service businesses,” in the words of News Center Maine. The former Philadelphia Naval Shipyard, now an office park home to many different industries, “supports more jobs than it did during its life as a military base,” Dr. Miriam Pemberton details in her book Six Stops on the National Security Tour (p. 109). Existing federal shipyards, from Norfolk Naval Shipyard in Virginia to Pearl Harbor Naval Shipyard in Hawai‘i, could also adjust overnight to start maintaining and upgrading commercial ships, hospital ships, river barges, and scientific vessels, instead of warships.

The Walmart Effect

December 26, 2024 Rogé Karma, Portside. Educate! Local Economy, Poverty, Walmart, Worker Rights

No corporation looms as large over the American economy as Walmart. It is both the country’s biggest private employer, known for low pay, and its biggest retailer, known for low prices. In that sense, its dominance represents the triumph of an idea that has guided much of American policy making over the past half century: that cheap consumer prices are the paramount metric of economic health, more important even than low unemployment and high wages. Indeed, Walmart’s many defenders argue that the company is a boon to poor and middle-class families, who save thousands of dollars every year shopping there.

Expanding The Possible, From Below

November 19, 2024 Alexandria Shaner, Resilience. Strategize! climate crisis, Green New Deal, Local Economy, Municipalism

Less than one week after a self-proclaimed dictator, climate change denier, and big oil-funded billionaire (among other equally impressive accolades) took the single most powerful political office in the world, it seems like a horrible time to release a book about the Green New Deal. Thinking back to 2018, not so long ago in time but perhaps much longer in space, to when the Green New Deal was launched into public attention as a bold proposal for transformative national legislation, is frankly, beyond depressing. Loss, grief and rage compete with numbness and shock, easily overwhelming any effort to fathom where we were then, and where we find ourselves now.

Baltimore Is Setting A National Standard For Diversifying Its Economy

November 8, 2024 Ilana Preuss, Next City. Create! Baltimore, Local Economy, Manufacturing, Maryland, Worker Rights and Jobs

One of the crucial economic lessons of the Covid-19 pandemic is the importance of diversifying local economies, even in America’s largest cities. New York City continues to struggle with an economy too heavily reliant on tourists and commuters; Las Vegas saw its entertainment industry shut down when out-of-state visitors stopped traveling; vacant storefronts are prominently visible in major business districts and on main streets nationwide. Diversifying often implies attracting new industries by luring them from elsewhere – often a zero-sum game, if the industries are simply shifting locations within the United States.

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