Local development as a strategic alternative in Fife

Posted Posted in Devolution, Economics, Economy, Energy, Environment, Export-led growth, Food, Globalisation, Government, Health, Import substitution, Local economies, Localisation, Low carbon, Planning, Politics, Procurement, Regional economies, Retail, Sustainability, Transition, Transition Network

Once again many will question the dependence on a global market economy as headlines shout, “China’s ‘Black Monday’ sends markets reeling”. For months, in a range of publications, Mohamed El-Erian, who chairs President Obama’s Global Development Council, has been forecasting the risk of a ‘perfect storm’, adding that considering ‘its destructive potential, it warrants serious attention by policymakers’, though China […]

Will beneficial alternatives emerge from the Greek crisis?

Posted Posted in Import substitution, Local economies, Localism, Planning, Regional economies, Transition

Andrew Simms of the New Economics Foundation thinks so, commenting: “While disaster reveals a society’s economic and social weaknesses, it also reveals where true resilience and real value can be found – in the ability of people to cooperate at the local level to meet a community’s needs”. Localise West Midlands’ Localising Prosperity programme suggests that approaches to economic development […]

Is a quiet political revolution getting under way?

Posted Posted in Democracy, Devolution, Economy, Energy, Finance, Globalisation, Government, Local economies, Localisation, Localism, Low carbon, Microfinance, Planning, Politics, Regional economies, Renewable energy, Transition

As the old order with its class and gender hierarchies gave way, George Monbiot points out that the void filled with junk could have been occupied by a better society, built on mutual support and connectedness, without the stifling stratification of the old order. ‘The feast to which we were invited is only for the few’ Instead, as the developed […]

Good taxpaying corporate citizens

Posted Posted in Planning, Retail, Social Enterprise, Tax

The Fair Tax Mark is being adopted by UK business setting a new standard in responsible tax practice – from the smallest shop to the biggest multinational. It is the label for good taxpayers – companies and organisations that are proud to pay their fair share of tax. The Fair Tax Mark is an assurance that a company is open […]

Community energy solutions: Plymouth

Posted Posted in City council, Democracy, Devolution, Economy, Education, Employment, Energy, Environment, Finance, Local economies, Local government, Localisation, Low carbon, Microfinance, Planning, Politics, Poverty, Renewable energy, Transition

In 2012 Plymouth’s co-operative city council established a Low Carbon City Team, which helped to identify the city’s potential for community energy solutions and forge partnerships. The council funded pre-development, initial community engagement and business plan development. In 2013 it joined forces with local residents to form Plymouth Energy Community (PEC) which then set up a second Industrial & Provident […]

Could Brummie bonds fund house building?

Posted 2 CommentsPosted in Banks, City council, Devolution, Economy, Finance, Government, Housing, Local economies, Local government, Localisation, Planning, Politics, Transition

City councillor John Clancy, who once worked in the venture capital market, explains in a Chamberlain Files article,  [accessed via the Brummie], that  ‘Brummie bonds’ can provide much needed investment and kick-start building by local councils and housing associations across Birmingham. Some readers will remember that the Brummie Bonds concept was incorporated in the 2003 People’s Pensions Proposal, informally presented […]

America: six big shifts towards an economy that distributes economic benefits widely and minimizes damage to the environment

Posted Posted in Co-operatives, Democracy, Devolution, Economics, Economy, Employee ownership, Employment, Environment, Food, Health, Housing, Local economies, Low carbon, Planning, Politics, Regional economies, Transition, Transport

. Sarah van Gelder (right) is co-founder and executive editor of YES! Magazine which feature powerful ideas and practical actions towards a more just and sustainable world. She has co-founded a cohousing community, organized tenants and built a produce cooperative, providing local, sustainably grown whole foods, at affordable prices, to residents who want local, sustainable food sourced within walking distance […]

Syriza MPs help to promote the social economy by donating 10-20% of their wage

Posted Posted in Banks, Co-operatives, Democracy, Economy, Employee ownership, Finance, Food, Local economies, Microfinance, Mutuals, Planning, Politics, Retail, Social Enterprise, Transition

In a Co-operative News article, Anca Voinea notes that  Syriza has highlighted the importance of reviving the co-op movement, seeing it as a distinct economic model that would be part of their movement for a broader social and solidarity economy. Syriza had shown interest in the movement over the last two years and is preparing for new legislation to support […]

A new citywide currency keeping money earned in city in the local economy

Posted Posted in Economy, Finance, Local economies, Microfinance, Planning, Regional economies, Transition

Above: Karen Leach from Localise West Midlands and Andy Reeve from Impact Hub Birmingham who have produced a currency note exclusive to Birmingham – see http://www.birminghammail.co.uk/news/midlands-news/birmingham-could-next-city-launch-8810436. They are planning to follow the model of the existing Bristol Pound, which is currently used by 782 firms and generates £1 million of business each year. Karen Leach, coordinator at Localise West Midlands, […]

Co-operatives: raising and developing the weakest part of our local communities and civil society?

Posted Posted in Co-operatives, Democracy, Employee ownership, Finance, Food, Globalisation, Housing, Local economies, Localisation, Manufacturing, Mutuals, Planning, Retail, Social Enterprise, Trade, Transition

The roots of the co-operative movement in Italy go back to 19th century workers’ associations, with credit services, agricultural and building co-ops forming an important part of the overall economy. There are more than 20, 000 cooperatives, including housing and banking movements, with over 3 million members. In 2011 Jeffrey Hollander asserted that the success of worker cooperative models in […]