Activating Stagnant Capital to Catalyze Local Transformation

Small is Beautiful advocated “production from local resources, for local needs” as a key organizing principle of a just, ecologically-balanced economics. But a web of flourishing regional economies, producing first for local needs, is possible only when communities have access to resources and the power to direct investments.

With soaring inequality and the pressing need to transition out of old, extractive systems, accumulated wealth cannot remain stagnant. Either it will be captured and reallocated centrally via taxes, or, it can be released: as free gifts and interest-free investments for place-based transformation of social, economic and cultural life.

May’s panelists are those advancing innovative approaches to catalytic wealth redistribution. This group of participants advocate radical steps—encouraging foundations to spend down their funds, land gifting rather than land-hoarding, and divestment from Wall Street back into Main Streets. In short, calling on people and institutions to commit to transformation here and now.

 

 https://us06web.zoom.us/webinar/register/WN_YCvIoVxcRRSOUmm0ncecig#/registration