[column width="47%" padding="6%"]Americans’ long-term savings in stocks, bonds, mutual funds, pension funds, and life insurance funds total about $30 trillion. But not even 1 percent of these savings touch local small business—even though roughly half the jobs and the output in the private economy come from small businesses. So, how can people increasingly concerned with the poor returns from Wall Street and the devastating impact of global companies on their communities, invest in Main Street?
In Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street , local economy pioneer Michael Shuman shows investors, including the nearly 99% who are unaccredited, how to put their money into building local businesses and resilient regional economies—and profit in the process. A revolutionary toolbox for social change, written with compelling personal stories, the book delivers the most thorough overview available of local investment options, explains the obstacles, and profiles investors who have paved the way. Shuman demystifies the growing realm of local investment choices—from institutional lending to investment clubs and networks, local investment funds, community ownership, direct public offerings, local stock exchanges, crowdfunding, and more. He also guides readers through the lucrative opportunities to invest locally in their homes, energy efficiency, and themselves.
A rich resource for both investors and the entrepreneurs they want to support, Local Dollars, Local Sense eloquently shows how to truly protect your financial future— and your community’s.
More than ninety percent of the electricity we use to light our communities, and nearly all the energy we use to run our cars, heat our homes, and power our factories comes from large, centralized, highly polluting, nonrenewable sources of energy.
It doesn’t have to be that way. In Power from the People , energy expert Greg Pahl explains how American communities can plan, finance, and produce their own local, renewable energy that is reliable, safe, and clean.
Pahl uses examples from around the nation and the world to explore how homeowners, co-ops, nonprofits, governments, and businesses are already putting power in the hands of local communities through distributed energy programs and energy-efficiency measures.
Renewable, community power is a necessary step on the path to energy security and community resilience, particularly as we face peak oil, cope with climate change, and address the need to transition to a more sustainable future.
Pahl's book—the second in the Chelsea Green Publishing Company and Post Carbon Institute’s Community Resilience Guides—also profiles numerous successful community- wide initiatives that can be replicated and scaled broadly.