4 ms·
Maybe not a strictly economic one, but probably a socioeconomic one: that keeping more money in local communities helps those communities to be better places to
by jeffreyrogers 5y ago
Maybe not a strictly economic one, but probably a socioeconomic one: that keeping more money in local communities helps those communities to be better places to live.
Whether that is true or not, I don't know. It's definitely true that corporate concentration has been increasing and that many of these communities are in decline.
- durkie 5y agoThere are definitely plenty of towns I've been to in rural America (north GA) that are clearly hollow shells of their former selves. And it's way more fun and interesting to be in a place that does have a thriving local economy. The socioeconomic benefits are clear. I'm just wondering if theres a way to frame it in economic terms, or if everything about resiliency, more local jobs, etc. are basically all "externalities".