‘Project Hope’: rebuild local economies

Posted Posted in Biodiversity, Books and articles, Devolution, Food, Green New Deal, Health, Local economies, Low carbon, People power, Sustainability, Transition, Transport

David Fleming drew on the wisdom of Elinor Ostrom, who published ‘Governing the Commons’ in 1990. An article in the Economist records that “collaboration was her watchword. Neighbours thrived if they worked together. The best-laid communal schemes would fall apart once people began to act only as individuals, or formed elites . . . “  She asked two basic questions: how […]

Community wealth building in Hartlepool

Posted Posted in Council, Democracy, Economy, Local economies, Microfinance, Mutuals, Procurement, Transition, Urban

Hartlepool has been hit hard by austerity; in 2017 it was one of ten local authorities with the highest unemployment rate and life expectancy rates have declined. Spending levels were slashed by 33% from 2010-17and government funding is expected to fall by 45% by 2020. Journalist Anoosh Chakelian was told by a Hartlepool Borough Council spokesperson that the Council and Hartlepool’s […]

The Lake District has a new local currency

Posted Posted in Banks, Economy, Finance, Local economies, Microfinance, Trade

Jerome Starkey reported earlier this year that Lake District artists, poets, painters and authors have been chosen as the faces of a new local currency. The Lakes Currency Project, an independent, private company run by Ken Royall, who lives near Windermere, will launch a paper currency with themed notes reflecting the culture, landscape and people of the area. The Lake […]