Local economy

We Luddans strive to live in ways that promote the local economy: “real people doing real things for one another.”

It means helping one another be self-reliant. We grow and put up food, build root cellars, practice frugality, barter, make do, and build needed structures via mutual aid without debt. It also means, in the larger sense, keeping wealth in the area by supporting local businesses, and the creation of local “money” by earning it into existence through productive activities. We have a focus on producing locally items that are needlessly imported from elsewhere, and supporting tentative local currencies and true community banking. Another important issue is increasing the resilience of the local community and area to downturns, powerdowns and disasters.

We want to reinforce in Ludda cultural patterns where each household’s economic savviness is part of the wellbeing of the whole. This means agreements regarding personal debt, credit card use and wise financial behavior, disinvestment from the debt/usury system and investing locally.

We are building up our self-reliance skills and infrastructure, and our mutual aid fund so it can be used for small interest-free loans to our members. We seek to root our village economy in generosity, gifting, and shared management of commons while also maintaining privacy and independence within each family’s homestead.

incommunitywetrust

Readings:
* The above image shows northern Michigan’s community money. Here is an explanation how Bay Bucks work.
* The revolution has already begun: this essay speaks of the historically obscured fact that the American Revolution was won by the Colonists creating their own economy. The armed conflict resulted from Britain trying to regain what had already been lost.
* Sharon Astyk’s blog has a wealth of information about food storage and classes on how to get started. And everything else under the sun.
* Use it Up, Wear it Out, Make it Do, or Do Without, a Front Porch Republic blog essay.
* H.L. Roush: Henry and the Great Society, 1969 (free pdf download); the end of the book is taken up with Biblical exegesis that is not everyone’s cup of tea, but the rest of the book is absolutely essential reading!
* Short Circuit, by Richard Douthwaite, 1998, a book available free on the internet. Read the moving and evocative Introduction, skip Chapter 1 which deals with the disconnection between the real economy and the money economy (unless this is news to you), and move right into Chapter 2, an excellent piece on what local economy is all about.

Back to the list of 10.

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