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Featured Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Apr 26, 2013

Locally owned businesses can help communities thrive — and survive climate change

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/locally-owned-businesses-communities-thrive-survive-climate-change/

Cities where small, locally owned businesses account for a relatively large share of the economy have stronger social networks, more engaged citizens, and better success solving problems, according to several recently published studies. Continue reading

Featured Article filed under Independent Business | Written by Stacy Mitchell | 5 Comments | Updated on Jul 18, 2012

Local Ownership Makes Communities Healthier, Wealthier and Wiser

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/local-ownership-healthier-wealthier-wiser/

Most policymakers don’t imagine that their economic development decisions will affect such things as voter turnout or the prevalence of chronic disease. But a growing body of research is finding that scale and ownership of business matter in ways that extend far beyond economic outcomes. Continue reading

Resource filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Aug 24, 2007

Declaration of Independents — Lecture

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/declaration-independents-2/

This lecture was delivered by Stacy Mitchell at the 26th Annual E.F. Schumacher Lectures in Stockbridge, Massachusetts. Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | 2 Comments | Updated on Jan 22, 2007

Wal-Mart Destroys Social Capital, Study Finds

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/walmart-destroys-social-capital-study-finds/

"Our results indicate that the presence of Wal-Mart depresses social capital stocks in local communities," concluded Goetz and Rupasingha in their study, which was published by the American Journal of Agricultural Economics. The implications include both a weakened social fabric and "real costs for communities in the form of reduced economic growth."

The study examined both communities in which new Wal-Mart stores were built in the 1990s and those that already had a Wal-Mart at the beginning of the decade. The study controlled for other variables known to affect social capital stocks in a community, such as educational attainment.

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