Post on 04-Dec-2014
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Strategic Framework for Sustainable Local Economic Development
Second Conference on Ecological Landscaping:Enhancing Self-Reliance and Resilience of Cities
December 1-3, 2009
Economics: The Study of Choice, or the Dismal ScienceI have…
Basic needsUnlimited wants Limited means
Since I can't have it all…
What will I choose to acquire?What will I choose to do without?
Since I must have some things...What will I choose to provide for myself?What will I choose to obtain from others?
Who and Where Is The Market?
Global Economy•Market niches exist irrespective of supplier and customer locations•Customers share an infinite variety of wants•Predominant•Dependence on “global government” to assure transaction space
1 TINA: There Is No Alternative
Local Economy•Population density in a specific geographic area•People share the same needs•Subordinate•Dependence on “local community” to assure self-reliance and resilience
1 LOIS: Local Ownership Import Substitution
1 Shuman, Michael, The Small-Mart Revolution: How Local Businesses Are Beating the Global Competition
Systems Comprising a Local Economy
System:
Local Food Cost / Healthy Calorie Green Energy Cost / Kilowatt Distributed Manufacturing Asset Management
Community Currency Medium of Exchange
Success Metric:
Zero Miles
Zero Emissions / Carbon
Zero Landfill Zero Leakage
Why Would I Choose Local?
Security: What I need is available
Safety: When I get what I need, it is not going to make me sick, injure me or worse
Health: What I get locally is better for me and the environment than from afar
Affordability: I can pay for what I need
Convenience: I can consume what I need quickly and with no hassle
Utilization and Consum
ptionIn
puts
Conversion
Installation
Green Energy System
Deconstruction, Repurposing, and Reuse
Fabrication, Construction and
Assembly
Distributed Manufacturing System
Preparation
Production
Local Food System
Local Economic Systems Start at the Point of Consumption
The Neighborhood Feeds Itself• On average, Americans spend $10 / day for 2,000
calories of food– That equates to $3,650 / year / person for food
• Of that, 10 / 1,000 or 1% consume locally sourced food– That equates to $36,500 / year spent on locally sourced food
for every 1,000 people• How can one person work full-time job to assure
delivery of 730,000,000 calories to 10 people in one year and do so profitably?
• How would scaling the operation to feed 20 people for $73,000 / year impact the sustainability of the business?
• How much subsidy, if any, and of what type is required to assure sustainability?
If sourced locally, 20% of the calories you consume each day come from
400 / 2000 Calories
Vegetables and Fruitswhich are seasonal and expensive
What if you choose more locally-sourced food?
Wider Variety of Food Products with More Calories
Season Extension and Year-Round Food Production
Integrated Processing and Preparation
+ +
Spend more on food locally sourced from your local neighborhood and get MORE than food!
People arehealthier
and happier!Multiplier effect occurs spurring business growth in green energy and distributed manufacturing
Money is spent, captured, and reinvested in the community
Jobs are created
Food processing and preparation operations
are established
Vacant, abandoned, and underutilized properties are put
into food production
Choosing to Participate in Local EconomiesValue Chain
Contributions
TransactionPreferences
PersonalMotivation
CommunityEngagement
PoliticalInvolvement
1st
2nd
3rd
StatusQuo
PoliciesPolicies ExchangeExchange
Choosing to Participate in Local Economies
TransactionPreferences
PersonalMotivation
CommunityEngagement
PoliticalInvolvement
Networking
EducationEducation
CollaborationCollaboration
HealthHealth
LifestyleLifestyle
PrinciplesPrinciples
CooperativesCooperatives
CurrenciesCurrencies
BuyBuy
InvestInvest
Asset MgmtAsset Mgmt
Portfolio MgmtPortfolio Mgmt
Business Mgmt Business Mgmt
1st
2nd
3rd
StatusQuo
Value ChainContributions