Link to: t r u t h o u t | Stop Them From Eating My Town.
Don’t eat my town! This post from Thom Hartmann is great at really laying out, for the person who’s not an economist (c’est moi), the local economies involved in small town businesses and local banks and the symbiotic relationship between them and local consumers.
Also great at pointing out the history of the corporate big box takeover in this country, starting with Reagan’s refusal to enforce the Sherman Antitrust Act in the 1980s, which is what led us to where we are today, with small city downtowns devastated and looming multinational chains out by the freeway – all of which hire local citizens at low wages and lower benefits – and then keep none of the money they make in the community.
Not just a screed, his post also offers remedies, from enforcing laws to ending corporate welfare, plugging tax loopholes and encouraging American entrepreneurship. This is a great read. It made me want to patronize what main street shops we still have in the town where I live (actually, there are plenty) as well as shop second hand both in person and on the internet.
You must be logged in to post a comment.