toward a localist policy agenda
DESCRIPTION
A presentation by Stacy Mitchell of the Institute for Local Self-Reliance, delivered at the 2013 BALLE Conference on June 14, 2013 in Buffalo, NY. The text of the presentation is available at http://www.ilsr.org/balleTRANSCRIPT
Towards a Localist Policy Agenda
Stacy Mitchellemail: [email protected]: @stacyfmitchell
1. Why is changing public policy essential to our success?
2. How can we frame a compelling narrative for policy change?
3. What would be the primary components of that agenda?
4. What are the initial steps we need to take?
1. Why is changing public policy essential to our success?
2. How can we frame a compelling narrative for policy change?
3. What would be the primary components of that agenda?
4. What are the initial steps we need to take?
112,000 — increase since 2002 in the number of small farms
4,727 — increase since 2002 in the number of farmers markets
1,414 — increase since 2002 in the number of small indie grocers
local
local
local Walmart
local Walmart
local Walmart + 4 chains
7 million — new credit union members since 2007
3,000
6,000
9,000
12,000
15,000
18,000
2007 2008 2009 2010 2011 2012 2013
Number of Community Banks & Credit Unions
Source: FDIC & NCUA
Giant Banks
Large BanksMedium Banks
Small Banks
Share of Assets — 1995
Source: FDIC
Giant Banks: 49%
Large Banks
Medium Banks
Small Banks
Share of Assets — 2007
Source: FDIC
Share of Assets — 2012
Large Banks
Medium Banks
Small Banks
Giant Banks: 56%
Source: FDIC
Share of Assets — 2012
WELLS FARGO
Large Banks
Medium Banks
Small Banks
Giant Banks: 56%
Source: FDIC
249 — net increase in independent bookstores since 2009
Citizen
Citizen
1. Why is changing public policy essential to our success?
2. How can we frame a compelling narrative for policy change?
3. What would be the primary components of that agenda?
4. What are the initial steps we need to take?
limited government
1. Why is changing public policy essential to our success?
2. How can we frame a compelling narrative for policy change?
3. What would be the primary components of that agenda?
4. What are the initial steps we need to take?
1. Stop subsidizing the corporate economy
Combined Reporting
Combined Reporting
2. Restructure the financial system to operate at a community scale
54%
18%
28%Giant Banks
Large Banks
Small & Mid-Sized Community Banks
Small Business Lending
Source: FDIC
• Brown-Vitter Bill
• State Partnership Banks
• Local Economy Investment Pools
Global Witness
3. Adopt planning policies that create great habitat for local businesses
Cape Cod CommissionRegional Policy Plan: “Locally owned businesses retain and circulate money within the regional economy to a greater degree than non-local businesses.”
4. Enforce strong competition policies
5. Shift spending by public institutions
6. Make targeted local economy investments
7. Collect better data & set benchmarks
1. Why is changing public policy essential to our success?
2. How can we frame a compelling narrative for policy change?
3. What would be the primary components of that agenda?
4. What are the initial steps we need to take?
$2 trillion
optimal size
