Co-operativesEconomicsEmployee ownershipEnvironmentLocal economiesTransition

2013 watershed: rebuilding local economies

A recent message came from Bob Massie, the president of the New Economics Institute, based in Massachusetts, which grew from E. F. Schumacher Society, in close partnership with Britain’s new economics foundation. It opened by saying that 2013 is likely to be a watershed year:

“A tremendous number of people around the country understand that the system is broken, and that we must work to replace it with something different, something new. Many of these people have already rolled up their sleeves and gotten to work in their local communities. Many others are just waiting for the opportunity. Our plan is to bring these people together with like-minded organizations and leaders to a build a movement to propel America toward a New Economy. . .

“Most people know that our current economy is leading us in the wrong direction. They want to see change and progress – but they aren’t yet part of a shared vision of what that change looks like. The New Economy is about democracy, resiliency, and community . . .

“There are many outstanding organizations committed to building the New Economy. From launching cooperative businesses or community time banks to working to create public banking legislation, more and more people are creating the transition to a just and sustainable economy, now . . . “

Chandran Nair would welcome Massie’s news that:

“There is tremendous energy among college students toward building a movement for the New Economy. When we announced that we would be supporting Strategic Summits on eight campuses this spring, we received over 70 letters of interest from student groups from Hawaii to Maine! These students are already at work raising awareness and building strong collaborations with local communities.

”We believe this will inspire a nationwide movement in 2013 among college students and create a powerful network of leaders committed to building a just and sustainable economy.”

Its fifth project, called TOWARD A NEW ENTERPRISE ECONOMY, aims to:

“Draw in people from all sides of the political spectrum by focusing on how to rebuild local economies through using the skills, imagination, and enterprise of the people who live there. Find ways to make global interconnectedness a positive reality for all”.