Abstract
Economic sustainability is best secured by the creation of local or regional self-reliant, community economies. This is the central argument of eco-local economic theory. Drawing on the experience of local currencies, community corporations, regional food economies and other locally oriented efforts, eco-local theory presents a new analysis of the “economy of place”. It focuses on locally symbiotic capital, positive externalities of self-reliance and negative externalities of long-distance trade, and its specific concepts and analyses of the economy, efficiency and economies of scale, and consumption and welfare. Given its specific values and assumptions, it is an economic theory of the social economy that is compatible with, but distinct from, ecological economics.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
