Living economies

Friday I attended a talk by Hunter Lovins at California College of the Arts. She briefly touched on a point of view about globalization that struck me: You can’t have a living economy without a local economy — otherwise, you have an economy that is either killing or dying.

Think about that for a minute. In a global economy, your economy is either killing others or being killed. In order to thrive without destroying, you must have a robust local economy.

That’s not to say business shouldn’t benefit from global markets. But the foundation of economies should be rooted in creating sustainable value and resilience locally.