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==Local Self-Reliance== | ==Local Self-Reliance== | ||
CONCEPT: Given the current economic crisis and deflating dollar, how to protect ourselves as a community and as individuals from current and anticipated financial/economic problems. | ===Economic self-sufficiency & disaster planning=== | ||
NATURE OF PROBLEM: | *economic resilience; increasing energy prices | ||
*how to develop enterprises that provide higher wages and standard of living | |||
*how to improve standard of living without higher wages | |||
*community supported ag—promote | |||
*need parkland; foodscapes | |||
*land bank: state stes up bank and loans and runs on interest | |||
*mortgage foreclosures: promote counseling | |||
*promote credit unions | |||
*financial education in schools | |||
*consumer credit association free workshops | |||
*local credit cards/credit exchange; | |||
*Ithaca dollar is labor-based | |||
*gift economy; community functions as extended family; generalized reciprocity | |||
===CONCEPT:=== | |||
Given the current economic crisis and deflating dollar, how to protect ourselves as a community and as individuals from current and anticipated financial/economic problems. | |||
===NATURE OF PROBLEM:=== | |||
*Deflating dollar | *Deflating dollar | ||
*Rising foreclosures | *Rising foreclosures | ||
Line 10: | Line 26: | ||
*Declining credit availability to small business and individuals | *Declining credit availability to small business and individuals | ||
POSSIBLE FIXES | ===POSSIBLE FIXES=== | ||
*Promote banking with local credit unions to keep capital local | *Promote banking with local credit unions to keep capital local | ||
*Investigate extent of community foreclosure problem and how to alleviate locally | *Investigate extent of community foreclosure problem and how to alleviate locally |
Revision as of 03:14, 1 February 2010
Local Self-Reliance
Economic self-sufficiency & disaster planning
- economic resilience; increasing energy prices
- how to develop enterprises that provide higher wages and standard of living
- how to improve standard of living without higher wages
- community supported ag—promote
- need parkland; foodscapes
- land bank: state stes up bank and loans and runs on interest
- mortgage foreclosures: promote counseling
- promote credit unions
- financial education in schools
- consumer credit association free workshops
- local credit cards/credit exchange;
- Ithaca dollar is labor-based
- gift economy; community functions as extended family; generalized reciprocity
CONCEPT:
Given the current economic crisis and deflating dollar, how to protect ourselves as a community and as individuals from current and anticipated financial/economic problems.
NATURE OF PROBLEM:
- Deflating dollar
- Rising foreclosures
- Job loss and government funding cutbacks
- Declining credit availability to small business and individuals
POSSIBLE FIXES
- Promote banking with local credit unions to keep capital local
- Investigate extent of community foreclosure problem and how to alleviate locally
- Set up/promote local credit exchange or currency that is silver-backed.
- Promote neighborhood/community investment groups to provide private capital via personal (non-bank) loans
- Set up programs to teach students the basics of managing money, checkbooks, investing, etc.
- Investigate setting up local credit cards to keep capital local
- Set up neighborhood groups to plan for providing basic needs in case of local disaster (e.g., earthquake, tsunami)
- Promote investment in hard/tangible assets (food, emergency medical kits, precious metals, equipment, etc.) that will inflate in value over time
- Investigate “gifting” programs as way of helping neighbors and changing community ethic (e.g. where community members contribute their expertise freely to others in need, such as the old house-raising concept)………extended volunteering