Local economies refer to economic activities that are consciously designed to support and promote localized economic and social systems within a specific community in a specific region. Local economies are not specific businesses that run or owned by local communities in isolation from everything else. Such a definition may apply to a loyalty program or […]
There are many social, environmental, cultural, health, and economic reasons for building and promoting local economies. Socially, a global economy is as good as the local economies that contribute to it. Stronger communities create stable spaces for collaboration and networking. Relying on foods and products that are produced and distributed locally decreases the cardon emission […]
Companies pursue business models based on the target customer, pay structures, marketing efficiency and similar driving forces. There are reasons why companies and corporations spend large sums of their income, sometimes billions, to promote their products and services to consumers. There are compelling financial needs that force a global company to sponsor a local soccer […]
Why would investment and support of indigenous and local economies be sound approaches to solving local and global problems? Investing and supporting indigenous economies and businesses is an investment in the future of humanity. Supporting local and indigenous economies is not about giving back, it is about giving forward, to ourselves. Here is why? Large […]