Posts Tagged ‘local economy’

Economic Gardening - the heart of economic growth What is Economic Gardening?

Before you can know why you should care about economic gardening, you probably need to know what it is. The core idea of economic gardening is that local entrepreneurs and businesses are the biggest contributors when it comes to creating new jobs. The philosophy basically says that the most local economic growth happens when local entrepreneurship is emphasized, as opposed to trying to attract businesses from outside the community (known as “economic hunting”). The whole concept dates back around 20 years. In 1989, Littleton, CO (pop. 41,000) lost their biggest source of employment due to relocation. Rather than crumple up and scream “No fair!”, they decided to leverage their local businesses in an effort to sustain their economy… and thus economic gardening was developed. Since then, over 15,000 jobs have been created in Littleton since then.

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buy local by marketingjava.comIt’s something we don’t always think about, but people throughout our cities and towns own and operate shops, businesses and restaurants all around us. They provide not only goods and services that we love to buy and consume; they employ people, and their sales add revenue to the local tax base. Know what else they provide? A sense of connectedness, pride, and yes, ownership. Let that last one sink in a bit…

These are the businesses that support fundraising activities at the local elementary school; they provide gift certificates for the raffle to help benefit a local shelter; they sponsor youth and adult sports teams. They are part of the fiber of our communities.

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Wolf in Sheep's ClothingIt seems innocent enough: go head to head against your competitors by mimicking their campaigns, saying similar things and trying to evoke the same kind of sentiment from the unsuspecting consumer. But no, it’s not so innocent, and it’s happening right now, in small towns and cities across the country, even my own Boulder, Colorado. This sneaky assault is happening right under the very nose of each and every purchaser, shopper and diner nationwide. It’s called “local-washing”, and it basically means corporations dress and talk the language of “we’re doing it local”, but in essence, it’s just a ploy. You can read more about it here in an article by Stacy Mitchell in Indy.com, where she discusses how national corporations are co-opting the idea of “local” in an attempt to have consumers believe they are local in everything they do. Right. Sure they are. Tell that to the small businesses across America who have shuttered their windows when the Big Box chain rolled into town or the tiny downtown business districts that report record vacancies because their tenants couldn’t hang on during the worst recession of our generation.

The truth is when you spend your money in these establishments, some of that purchase will support workers there, but the profits go into the corporate coffers somewhere else, usually far away from your own community.

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