Chapter 1: The Power of Local
* Summary:
- Emphasizes the importance of localization for resilience, sustainability, and economic vitality.
- Argues that local decisions and initiatives can have a transformative impact on communities.
* Example:
- The city of San Francisco's "Buy Local" campaign increased sales for local businesses by 20%.
Chapter 2: The Five Pillars of Localism
* Summary:
- Identifies five pillars that support local economies:
- Connection to place
- Community ownership
- Local entrepreneurship
- Local governance
- Local finance
* Example:
- The "Time Bank" in Ithaca, New York, allows residents to trade skills and services, fostering local exchange.
Chapter 3: The Economic Case for Local
* Summary:
- Presents evidence that local economic activity creates jobs, boosts investment, and increases tax revenue.
- Challenges the notion that globalization is the only path to economic growth.
* Example:
- A study by the Institute for Local Self-Reliance found that local food systems generate 2-3 times more jobs per dollar invested than industrial food systems.
Chapter 4: The Social Case for Local
* Summary:
- Explores the social benefits of localization, including increased social cohesion, trust, and participation.
- Argues that local connections can foster a sense of belonging and purpose.
* Example:
- The "Local First Alliance" in Cincinnati, Ohio, brings together businesses and community organizations to promote local commerce and civic engagement.
Chapter 5: The Environmental Case for Local
* Summary:
- Highlights how localization can reduce carbon emissions, conserve resources, and protect biodiversity.
- Discusses the benefits of local food production and transportation.
* Example:
- The "100 Mile Diet" movement encourages people to consume food that has traveled less than 100 miles, reducing the environmental impact of transportation.
Chapter 6: The Policy Tools for Localism
* Summary:
- Provides an overview of policy tools that can support local economic development, such as zoning ordinances, tax incentives, and procurement policies.
- Discusses the importance of collaboration between governments, businesses, and communities.
* Example:
- The city of Portland, Oregon, requires its government agencies to prioritize local contractors and suppliers.
Chapter 7: The Future of Local
* Summary:
- Envisions a future where local systems are the norm and globalization is secondary.
- Calls for a shift in values and priorities towards localization.
* Example:
- The "Degrowth" movement advocates for a reduction in economic growth and a focus on self-sufficiency and local resilience.
