The Power of Buying Local
A recent Bioneer's podcast was devoted to the power of buying local. They reviewd the impact on the local economy of the locally owned bookstore vs. a Borders. The message was -- shoop at the locally owned shops if you want to keep the $$' sin the local economy.
Some of the factors that ensure our dollars stay within our Bernal neighborhood:
Some of the factors that ensure our dollars stay within our Bernal neighborhood:
- Do the staff own, rent, and live in the neighborhood
- Are services sourced from within the 'hood. This can range from accountants and layers to cleaners and security service.
- Are the inputs sourced as locally as possible. This may include ingredients for a restaurant, furnishing, fixtures, art as well as the goods for resale.
- Localy owned shops are tied more to a community than to a distant gruop of shareholders.
- A strong network of people with economic ties to the community increases safety and quality of life.
- A shared sense of purpose -- social, economic, and environmental - creates stronger, more enjoyable neighborhoods.
- Buying local has a positive impact on the environment by reducing the impact of importing people and goods
- Buying local forces the local labor pool to increase skills which creates a stronger, more dynamic base for handing any future adversity.
2 Comments:
Supporting local business was one of the key arguments in opposing Home Depot--not just supporting local house- and hardware sellers but also the local advertising, accounting, pr, employment etc. agencies that they use. Home Depot's profits and expenditures on supporting services go directly out of SF to Atlanta.
The owner of Cole Hardware and the coalition of local businesses that he organized were tireless in trying to make this point.
Too bad this message seems only now to be gaining traction. Too late.
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