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Caroline Smalley's avatar

An excellent summation as to why local makes so much sense. The beast in the way is the wealthy elite - afraid of losing their agency both in way of being and the positions held too. They operate in circles that reinforce their behaviour and belief systems. We’re seeing this within the cohorts in the Epstein Files. I’ve been in a room of billionaires, skied with millionaires and shovelled ice and snow with folk who have the least. The happiest I ever see anyone is when their neighbours rally round to support them. When authenticity and this thing we called love is felt deep within. 

Question on something you bring up here, if I may. “…or enabling citizens to create community investment funds without national securities law filings.” Does this mean that setting up community investment coops in the US means fighting / negotiating at federal level? Does this mean that a community cannot appeal for philanthropic finance to support its needs? Could a coop exist just collecting and redistributing funds to local businesses?

As for the risk of potential corruption at community level governance level, if money for community economies: 1) is specifically directed at community members and community-based businesses that work toward sustainable, open economies; 2) is managed through a community based coop (or by a state/province based investment coop whose members are comprised of community coops, if local investment coops not viable), and; 3) is attracted / “earned” by community members speaking up for their needs and what they can do.. sharing insight and building connection as they go… do you agree that risk would be mitigated? Is this possible or just a pipe dream?

If setting up community-based investment coops in the US is a no-go, then how about nonprofits assisting as collector and distributor of finance? We’re still updating content within the platform, but the ideas I’m suggesting are outlined on this page (click on “Collaborate” in the model, then “Community Coordinators”) https://the-cm.com/info/method. Our “Mission” speaks to key benefits you speak to in your manifesto too https://the-cm.com/info/mission. 

We’re finding each other. Localists might be small in number, but feed it opportunity to speak up, invite others to feel the potential power of its embrace – to our economies and hearts alike – change is underway. I can feel it. Thank you for all you do Michael. Thank you for speaking up and thank you for caring.

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